Glenveagh Properties PLC (OTCMKTS:GLVHF) Stock Short Interest Jumps 116,231.2%

Glenveagh Properties PLC (OTCMKTS:GLVHF – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 186,130 shares, an increase of 116,231.2% from the September 15th total of 160 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Glenveagh Properties Stock Performance

Shares of OTCMKTS GLVHF opened at $2.91 on Friday. Glenveagh Properties has a 52-week low of $2.54 and a 52-week high of $2.91. The company’s 50 day moving average price is $2.87 and its 200-day moving average price is $2.65.

About Glenveagh Properties

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Glenveagh Properties plc is an Irish residential property developer focused on the design, construction and sale of new homes. The company develops houses and apartments for private buyers, as well as residential projects delivered through partnerships with government agencies, local authorities and institutional organizations.

Glenveagh operates across the Republic of Ireland, with activity concentrated in the Greater Dublin Area and other major urban and suburban locations. Its developments typically include a range of housing types, from entry-level and family homes to apartments and larger mixed-tenure communities.

Founded in 2017, Glenveagh has grown into one of Ireland’s prominent homebuilders.

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