Tikehau Capital (OTCMKTS:TKKHF) Short Interest Down 63.5% in August

Tikehau Capital (OTCMKTS:TKKHF) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 17,679 shares, a drop of 63.5% from the August 15th total of 48,412 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TKKHF. Royal Bank Of Canada reissued an “outperform” rating on shares of Tikehau Capital in a report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Tikehau Capital in a research report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Tikehau Capital Price Performance

Shares of TKKHF stock remained flat at C$18.95 during mid-day trading on Friday. The firm has a 50-day simple moving average of C$18.95 and a 200-day simple moving average of C$20.56. Tikehau Capital has a 1 year low of C$18.60 and a 1 year high of C$22.35.

About Tikehau Capital

Tikehau Capital is a Paris‐based alternative asset management and investment group offering a wide range of financing solutions across multiple asset classes. The firm specializes in private debt, private equity, real estate, liquid strategies and capital markets, along with dedicated platforms for energy transition and infrastructure financing. Through its integrated approach, Tikehau Capital seeks to address the specific financing needs of corporations, real estate developers and institutional investors.

In its private debt division, the company provides direct lending, mezzanine financing and special‐situation debt to mid‐sized companies in Europe and beyond.