LEG Immobilien AG (OTCMKTS:LEGIF) Short Interest Down 65.6% in August

LEG Immobilien AG (OTCMKTS:LEGIFGet Free Report) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 719 shares, a drop of 65.6% from the July 30th total of 2,089 shares. Based on an average daily trading volume, of 138 shares, the short-interest ratio is presently 5.2 days. Currently, 0.0% of the company’s stock are sold short.

LEG Immobilien Price Performance

OTCMKTS:LEGIF remained flat at $60.15 during trading hours on Friday. The firm’s fifty day moving average is $60.14 and its 200 day moving average is $65.59. The stock has a market cap of $4.55 billion, a price-to-earnings ratio of 3.41 and a beta of 0.93. LEG Immobilien has a twelve month low of $58.68 and a twelve month high of $85.41.

LEG Immobilien Company Profile

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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.

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