Gazit-Globe Ltd. (OTCMKTS:GZTGF) Short Interest Update

Gazit-Globe Ltd. (OTCMKTS:GZTGF) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,840 shares, a decline of 87.8% from the May 31st total of 15,034 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 96 shares, the days-to-cover ratio is currently 19.2 days.

Gazit-Globe Price Performance

Shares of OTCMKTS:GZTGF remained flat at $1.03 during trading on Friday. Gazit-Globe has a 1-year low of $0.00 and a 1-year high of $4.25. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.02. The firm’s 50-day simple moving average is $1.86 and its 200 day simple moving average is $1.77.

About Gazit-Globe

Gazit-Globe Ltd. is a real estate investment company specializing in the ownership, management and development of income-producing retail properties. Through its subsidiaries and joint ventures, the company acquires, leases and operates community and neighborhood shopping centers anchored by grocery stores, as well as mixed-use and office complexes designed to serve urban and suburban markets.

Founded in 1982 by real estate entrepreneur Chaim Katzman, Gazit-Globe has grown from a local property developer into a globally diversified real estate group.