Inmobiliaria Colonial, SOCIMI, S.A. (OTCMKTS:IMQCF) Sees Large Drop in Short Interest

Inmobiliaria Colonial, SOCIMI, S.A. (OTCMKTS:IMQCF – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 57,071 shares, a drop of 65.0% from the September 30th total of 163,097 shares. Based on an average daily volume of 3,300 shares, the days-to-cover ratio is presently 17.3 days.

Inmobiliaria Colonial, SOCIMI Stock Performance

Shares of OTCMKTS IMQCF opened at $5.51 on Friday. The business’s 50 day moving average price is $5.41 and its 200 day moving average price is $5.46. Inmobiliaria Colonial, SOCIMI has a 52 week low of $4.89 and a 52 week high of $5.51.

Inmobiliaria Colonial, SOCIMI Company Profile

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Inmobiliaria Colonial, SOCIMI, SA is a Spanish real estate investment company focused on owning, developing, leasing and managing prime office properties. Its portfolio is concentrated in major business districts, with a focus on high-quality buildings for corporate tenants.

The company operates primarily in the major European office markets of Paris, Madrid and Barcelona. Through its investment in Société Foncière Lyonnaise (SFL), Colonial also has a significant presence in central Paris.

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