Gecina (OTCMKTS:GECFF) Sees Large Growth in Short Interest

Gecina (OTCMKTS:GECFF) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 54,400 shares, a growth of 151.9% from the September 30th total of 21,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 544.0 days.

Gecina Trading Down 0.8 %

OTCMKTS GECFF traded down $0.87 during trading hours on Friday, hitting $113.50. 1 shares of the company were exchanged, compared to its average volume of 1. Gecina has a 52 week low of $92.00 and a 52 week high of $125.33. The stock has a 50-day moving average price of $112.10 and a 200 day moving average price of $105.74.

Analysts Set New Price Targets

Separately, Citigroup raised shares of Gecina to a “strong sell” rating in a research note on Friday, September 20th.

About Gecina

A specialist in centrality and uses, Gecina operates innovative and sustainable living spaces. The real estate investment company owns, manages and develops a unique portfolio in the heart of central areas of the Paris Region, covering more than 1.2 million sq.m of offices and more than 9,000 housing units, almost three-quarters of which are located in Paris City or in Neuilly-sur-Seine.