Short Interest in Warehouses De Pauw (OTCMKTS:WDPSF) Grows By 89.6%
Warehouses De Pauw (OTCMKTS:WDPSF – Get Rating) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totalling 182,200 shares, an increase of 89.6% from the June 30th total of 96,100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,822.0 days.
Warehouses De Pauw Price Performance
OTCMKTS WDPSF opened at $33.08 on Friday. The stock’s 50 day moving average is $34.52 and its 200 day moving average is $37.52. Warehouses De Pauw has a 12 month low of $32.70 and a 12 month high of $46.48.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on WDPSF shares. Barclays lowered their price objective on Warehouses De Pauw from €39.00 ($39.80) to €34.00 ($34.69) in a research report on Tuesday, July 5th. Royal Bank of Canada cut Warehouses De Pauw to an “underperform” rating in a research report on Tuesday, July 12th.
Warehouses De Pauw Company Profile
WDP develops and invests in logistics property (warehouses and offices). WDP’s property portfolio amounts to more than 5 million m². This international portfolio of semi-industrial and logistics buildings is spread over around 250 sites at prime logistics locations for storage and distribution in Belgium, France, the Netherlands, Luxembourg, Germany and Romania.
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