Tritax Big Box REIT plc (OTCMKTS:TTBXF) Stock Short Interest Report for October

Tritax Big Box REIT plc (OTCMKTS:TTBXF) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 456,387 shares, a growth of 1,900.6% from the October 15th total of 22,813 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 466 shares, the days-to-cover ratio is presently 979.4 days.

Analyst Ratings Changes

Several equities analysts recently commented on TTBXF shares. Barclays reaffirmed an “overweight” rating on shares of Tritax Big Box REIT in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Tritax Big Box REIT in a report on Wednesday, August 26th. Zacks Research cut shares of Tritax Big Box REIT from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. The Goldman Sachs Group restated a “buy” rating on shares of Tritax Big Box REIT in a report on Tuesday, August 25th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a research report on Wednesday, October 14th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Tritax Big Box REIT Stock Performance

TTBXF stock remained flat at $1.98 during mid-day trading on Tuesday. The firm’s fifty day simple moving average is $1.97 and its 200 day simple moving average is $2.07. Tritax Big Box REIT has a 52-week low of $1.61 and a 52-week high of $2.43.

About Tritax Big Box REIT

Tritax Big Box REIT is a UK real estate investment trust focused on large-scale logistics properties, including distribution warehouses and other facilities used to store and move goods. It owns and manages these properties and leases them to businesses that need space for supply-chain and distribution operations. The company’s portfolio is concentrated in the United Kingdom, with properties generally positioned to serve major population centres and transport networks. Its activities include acquiring, managing and developing logistics real estate for long-term use by tenants.