The GPT Group (OTCMKTS:GPTGF – Get Free Report) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 221,322 shares, a decline of 77.4% from the August 31st total of 979,846 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
The GPT Group Price Performance
Shares of GPTGF remained flat at $3.40 during mid-day trading on Friday. The business’s fifty day moving average is $3.41 and its 200-day moving average is $3.39. The GPT Group has a one year low of $2.84 and a one year high of $3.83.
The GPT Group Company Profile
The GPT Group is an Australian property company that owns, manages and develops a diversified portfolio of commercial real estate. Its principal activities include office, retail and logistics property, with assets located across major Australian cities and metropolitan markets.
The group provides property investment and asset-management services and manages property funds for institutional and other investors. Its portfolio includes shopping centres, office buildings, business parks, industrial facilities and logistics assets.
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