Inmobiliaria Colonial, SOCIMI, S.A. (OTCMKTS:IMQCF) Sees Large Decline in Short Interest

Inmobiliaria Colonial, SOCIMI, S.A. (OTCMKTS:IMQCF – Get Free Report) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 57,071 shares, a decline of 65.0% from the September 30th total of 163,097 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 17.3 days.

Inmobiliaria Colonial, SOCIMI Price Performance

Inmobiliaria Colonial, SOCIMI stock remained flat at $5.51 during midday trading on Thursday. The stock has a 50 day moving average of $5.41 and a 200-day moving average of $5.46. Inmobiliaria Colonial, SOCIMI has a 12-month low of $4.89 and a 12-month high of $5.51.

Inmobiliaria Colonial, SOCIMI Company Profile

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Inmobiliaria Colonial, SOCIMI, SA is a Spanish real estate investment company focused on owning, developing, leasing and managing prime office properties. Its portfolio is concentrated in major business districts, with a focus on high-quality buildings for corporate tenants.

The company operates primarily in the major European office markets of Paris, Madrid and Barcelona. Through its investment in Société Foncière Lyonnaise (SFL), Colonial also has a significant presence in central Paris.

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