LEG Immobilien AG (OTCMKTS:LEGIF) Stock Short Interest Rises 717.4%

LEG Immobilien AG (OTCMKTS:LEGIF) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 8,182 shares, an increase of 717.4% from the August 31st total of 1,001 shares. Based on an average daily trading volume, of 238 shares, the short-interest ratio is currently 34.4 days. Approximately 0.0% of the company’s stock are sold short.

LEG Immobilien Price Performance

Shares of LEG Immobilien stock remained flat at $60.15 during trading on Thursday. 20 shares of the company traded hands, compared to its average volume of 195. The business’s 50 day moving average price is $60.14 and its two-hundred day moving average price is $63.47. The firm has a market capitalization of $4.55 billion, a P/E ratio of 3.41 and a beta of 0.93. LEG Immobilien has a 52 week low of $58.68 and a 52 week high of $85.41.

About LEG Immobilien

LEG Immobilien SE is a German residential real estate company headquartered in Düsseldorf. The company owns, manages and develops residential properties, with its activities focused primarily on providing rental housing to private households.

Its portfolio is concentrated in North Rhine-Westphalia, one of Germany’s most populous states, and includes apartments in urban and regional housing markets. LEG’s services include property management, tenant support, building maintenance, modernization and energy-efficiency improvements.