Shaftesbury Capital PLC (OTCMKTS:CCPPF) Shares Shorted: Short Interest Up 1,215.5% in October

Shaftesbury Capital PLC (OTCMKTS:CCPPF – Get Free Report) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 411,664 shares, a growth of 1,215.5% from the October 15th total of 31,293 shares. Based on an average daily volume of 103 shares, the days-to-cover ratio is presently 3,996.7 days.

Shaftesbury Capital Stock Performance

Shares of CCPPF stock remained flat at $1.92 during trading hours on Tuesday. Shaftesbury Capital has a 12-month low of $1.71 and a 12-month high of $1.92. The firm has a 50-day moving average of $1.83 and a 200 day moving average of $1.81.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on CCPPF. Jefferies Financial Group reaffirmed a “buy” rating on shares of Shaftesbury Capital in a research report on Wednesday, October 14th. Morgan Stanley raised shares of Shaftesbury Capital from a “market perform” rating to an “overweight” rating in a research report on Tuesday, September 1st. Finally, Kepler Capital Markets upgraded shares of Shaftesbury Capital from a “reduce” rating to a “hold” rating in a research note on Tuesday, September 22nd. Two 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 stock presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on CCPPF

Shaftesbury Capital Company Profile

(Get Free Report)

Shaftesbury Capital PLC is a London-based real estate investment company focused on owning, managing and developing mixed-use properties in central London. Its portfolio includes retail, restaurants, leisure venues, offices and residential properties, with an emphasis on creating vibrant, high-quality destinations for businesses, residents and visitors. The company’s assets are concentrated in prominent West End districts, including Covent Garden, Soho, Carnaby, Chinatown and the surrounding areas.

See Also

Receive News & Ratings for Shaftesbury Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shaftesbury Capital and related companies with MarketBeat.com's FREE daily email newsletter.