Tritax Big Box REIT plc (OTCMKTS:TTBXF – Get Free Report) was the target 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. Based on an average trading volume of 466 shares, the days-to-cover ratio is presently 979.4 days. Approximately 0.0% of the shares of the stock are sold short.
Analyst Ratings Changes
Several equities analysts have recently weighed in on TTBXF shares. Barclays restated an “overweight” rating on shares of Tritax Big Box REIT in a research report on Monday, August 24th. Zacks Research downgraded Tritax Big Box REIT from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. Jefferies Financial Group restated a “buy” rating on shares of Tritax Big Box REIT in a report on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a research note on Wednesday, August 26th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a report on Tuesday, August 25th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Tritax Big Box REIT has an average rating of “Moderate Buy”.
View Our Latest Stock Report on TTBXF
Tritax Big Box REIT Stock Performance
Shares of OTCMKTS:TTBXF remained flat at $1.98 during trading on Tuesday. Tritax Big Box REIT has a 1 year low of $1.61 and a 1 year high of $2.43. The firm has a 50 day moving average of $1.97 and a two-hundred day moving average of $2.07.
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.
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