Short Interest in LEG Immobilien AG (OTCMKTS:LEGIF) Decreases By 65.6%

LEG Immobilien AG (OTCMKTS:LEGIF) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 719 shares, a decrease of 65.6% from the July 30th total of 2,089 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 138 shares, the days-to-cover ratio is currently 5.2 days.

LEG Immobilien Stock Performance

Shares of LEG Immobilien stock remained flat at $60.15 during trading hours on Friday. LEG Immobilien has a fifty-two week low of $58.68 and a fifty-two week high of $85.41. The company has a fifty day moving average price of $60.12 and a two-hundred day moving average price of $65.62. The stock has a market capitalization of $4.55 billion, a P/E ratio of 3.41 and a beta of 0.93.

About LEG Immobilien

LEG Immobilien AG is one of Germany’s leading residential real estate companies, specializing in the development, acquisition and management of residential and commercial properties. Headquartered in Düsseldorf, the company focuses on providing affordable and sustainable living spaces to a diverse tenant base. Its core business includes the rental and technical management of housing units as well as value-enhancing modernization and maintenance services.

The company’s portfolio comprises approximately 130,000 residential units and several thousand commercial spaces, primarily located in North Rhine-Westphalia and adjacent German states.