CTP (OTCMKTS:CTPVF) Short Interest Down 44.0% in August

CTP (OTCMKTS:CTPVF) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 386,237 shares, a drop of 44.0% from the July 30th total of 689,166 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Analyst Ratings Changes

A number of research firms have recently commented on CTPVF. Sanford C. Bernstein cut shares of CTP to a “market perform” rating in a research report on Friday, August 7th. BNP Paribas Exane started coverage on shares of CTP in a report on Wednesday, July 1st. They set an “outperform” rating for the company. Finally, Barclays reaffirmed an “overweight” rating on shares of CTP in a research note on Monday, August 24th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, CTP currently has an average rating of “Moderate Buy”.

CTP Price Performance

CTPVF opened at C$16.32 on Monday. CTP has a 1-year low of C$16.32 and a 1-year high of C$22.85. The company has a 50-day moving average of C$16.33 and a 200-day moving average of C$17.66.

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.