LEG Immobilien SE (OTCMKTS:LEGIF) Sees Significant Decrease in Short Interest

LEG Immobilien SE (OTCMKTS:LEGIF) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 87,900 shares, a decrease of 9.7% from the December 15th total of 97,300 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 219.8 days.

LEG Immobilien Stock Performance

Shares of OTCMKTS LEGIF remained flat at $84.06 during midday trading on Friday. LEG Immobilien has a 1-year low of $74.50 and a 1-year high of $104.10. The stock has a fifty day moving average price of $88.35 and a 200 day moving average price of $92.19. The company has a market cap of $6.23 billion, a P/E ratio of -9.89 and a beta of 0.75.

Analysts Set New Price Targets

Separately, Barclays upgraded LEG Immobilien to a “strong-buy” rating in a research note on Friday, October 4th.

About LEG Immobilien

LEG Immobilien SE, together with its subsidiaries, operates as an integrated property company in Germany. The company engages in the performance of services and management of equity investments; property management and location development; performance of services for third parties and housing industry services; and generation of electricity and heat activities.