Klepierre (OTCMKTS:KLPEF) Short Interest Down 31.5% in December

Klepierre (OTCMKTS:KLPEF) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 35,518 shares, a decrease of 31.5% from the November 30th total of 51,827 shares. Based on an average daily volume of 213 shares, the short-interest ratio is presently 166.8 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 213 shares, the short-interest ratio is presently 166.8 days.

Analyst Ratings Changes

A number of research analysts have recently commented on KLPEF shares. Barclays cut Klepierre from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Klepierre in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Klepierre Stock Performance

Shares of KLPEF stock remained flat at $38.90 on Monday. The business’s 50 day moving average price is $39.23 and its two-hundred day moving average price is $38.93. Klepierre has a 1-year low of $28.71 and a 1-year high of $41.50.

About Klepierre

Klepierre SA is a French real estate investment trust (REIT) specializing in the ownership, management and development of high-quality shopping centers across Europe. Headquartered in Paris, the company focuses on creating sustainable retail destinations and enhancing consumer experiences through targeted asset management, tenant mix optimization and modernization projects.

With a portfolio encompassing more than 70 regional shopping centers and prime retail destinations in countries such as France, Italy, Spain, Germany, Sweden and the Netherlands, Klepierre engages in the full property lifecycle.