Warehouses De Pauw SA (OTCMKTS:WDPSF) Sees Large Drop in Short Interest

Warehouses De Pauw SA (OTCMKTS:WDPSF) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 12,285 shares, a decline of 15.8% from the December 31st total of 14,584 shares. Based on an average daily volume of 48 shares, the days-to-cover ratio is currently 255.9 days. Based on an average daily volume of 48 shares, the days-to-cover ratio is currently 255.9 days.

Warehouses De Pauw Price Performance

Shares of WDPSF opened at $28.02 on Tuesday. The business’s 50-day moving average price is $25.99 and its 200 day moving average price is $25.51. Warehouses De Pauw has a 1-year low of $20.98 and a 1-year high of $28.49.

Analyst Upgrades and Downgrades

Separately, Oddo Bhf upgraded shares of Warehouses De Pauw to an “outperform” rating in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Warehouses De Pauw Company Profile

Warehouses De Pauw, trading on the OTC market under the symbol WDPSF, is a Belgian real estate investment trust focused on the development, ownership and management of logistics and distribution properties. Headquartered in Merchtem, Belgium, the company specializes in providing modern, high-quality warehouse and logistics facilities designed to meet the needs of a diverse range of industrial and commercial tenants.

The company’s core activities include the design, construction and leasing of build-to-suit and multi-tenant distribution centers.