Klépierre SA (OTCMKTS:KLPEF – Get Free Report) saw a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 177,600 shares, a growth of 30.5% from the May 15th total of 136,100 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 111.0 days.
Klépierre Stock Performance
Shares of KLPEF traded up $0.37 during midday trading on Tuesday, hitting $38.37. The stock had a trading volume of 305 shares, compared to its average volume of 909. Klépierre has a fifty-two week low of $26.45 and a fifty-two week high of $38.88. The business has a 50-day simple moving average of $36.41 and a two-hundred day simple moving average of $32.53.
Analysts Set New Price Targets
Separately, Berenberg Bank raised shares of Klépierre from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 25th.
About Klépierre
Klépierre SA is the European leader in shopping malls, combining property development and asset management skills. The Company's portfolio is valued at 19.3 billion at December 31, 2023, and comprises large shopping centers in more than 10 countries in Continental Europe which together host hundreds of millions of visitors per year.
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