Warehouses De Pauw SA (OTCMKTS:WDPSF) Sees Significant Decrease in Short Interest

Warehouses De Pauw SA (OTCMKTS:WDPSF) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 14,584 shares, a drop of 25.6% from the December 15th total of 19,615 shares. Based on an average trading volume of 53 shares, the days-to-cover ratio is presently 275.2 days. Based on an average trading volume of 53 shares, the days-to-cover ratio is presently 275.2 days.

Analysts Set New Price Targets

Separately, Oddo Bhf raised shares of Warehouses De Pauw to an “outperform” rating in a report on Thursday. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Warehouses De Pauw Price Performance

Shares of OTCMKTS:WDPSF opened at $27.76 on Friday. The stock’s 50-day simple moving average is $25.65 and its two-hundred day simple moving average is $25.24. Warehouses De Pauw has a 52-week low of $20.19 and a 52-week high of $27.76.

About Warehouses De Pauw

Warehouses De Pauw, trading on the OTC market under the symbol WDPSF, is a Belgian real estate investment trust focused on the development, ownership and management of logistics and distribution properties. Headquartered in Merchtem, Belgium, the company specializes in providing modern, high-quality warehouse and logistics facilities designed to meet the needs of a diverse range of industrial and commercial tenants.

The company’s core activities include the design, construction and leasing of build-to-suit and multi-tenant distribution centers.