Shaftesbury Capital PLC (OTCMKTS:CCPPF – Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 31,293 shares, a decline of 88.5% from the September 30th total of 272,270 shares. Based on an average trading volume of 1,029 shares, the short-interest ratio is presently 30.4 days.
Shaftesbury Capital Price Performance
Shares of Shaftesbury Capital stock opened at $1.92 on Tuesday. The business’s 50 day simple moving average is $1.81 and its two-hundred day simple moving average is $1.80. Shaftesbury Capital has a one year low of $1.71 and a one year high of $1.92.
Wall Street Analysts Forecast Growth
CCPPF has been the subject of several research reports. Jefferies Financial Group reiterated a “buy” rating on shares of Shaftesbury Capital in a research report on Wednesday, October 14th. Kepler Capital Markets upgraded Shaftesbury Capital from a “reduce” rating to a “hold” rating in a research report on Tuesday, September 22nd. Finally, Morgan Stanley raised Shaftesbury Capital from a “market perform” rating to an “overweight” rating in a research note on Tuesday, September 1st. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Shaftesbury Capital presently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on Shaftesbury Capital
About Shaftesbury Capital
Shaftesbury Capital plc is a London-focused real estate investment company that owns, manages and develops mixed-use properties in some of the capital’s most prominent West End locations. Its portfolio includes retail, food and beverage, leisure, office and residential space.
The company’s assets are concentrated in destinations such as Covent Garden, Soho, Chinatown, Carnaby, Seven Dials and Fitzrovia. Shaftesbury Capital works with occupiers and local stakeholders to curate high-quality districts that combine shops, restaurants, entertainment venues, workplaces and homes.
The company was formed in 2023 through the merger of Shaftesbury plc and Capital & Counties Properties plc.
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