Short Interest in CTP (OTCMKTS:CTPVF) Drops By 85.6%

CTP (OTCMKTS:CTPVF) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 31,214 shares, a decrease of 85.6% from the December 15th total of 216,184 shares. Based on an average trading volume of 3 shares, the days-to-cover ratio is currently 10,404.7 days. Based on an average trading volume of 3 shares, the days-to-cover ratio is currently 10,404.7 days.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of CTP in a research note on Monday, September 29th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

CTP Stock Performance

Shares of CTPVF remained flat at C$22.46 during midday trading on Monday. CTP has a 52-week low of C$18.95 and a 52-week high of C$22.85. The company’s 50-day simple moving average is C$22.46 and its 200-day simple moving average is C$20.96.

About CTP

CTP N.V., trading under OTCMKTS:CTPVF, is a leading developer and manager of logistics and industrial real estate in Central and Eastern Europe. Headquartered in Luxembourg and founded in 2010, the company focuses on providing modern build-to-suit and speculative warehouses and distribution centers for a diverse range of tenants in sectors such as e-commerce, retail, automotive, and manufacturing.

CTP’s portfolio extends across seven key countries—Czech Republic, Romania, Hungary, Slovakia, Poland, Serbia, and Bulgaria—where it manages site selection, construction, leasing, and facility operations.