PSP Swiss Property AG (OTCMKTS:PSPSF) Sees Significant Growth in Short Interest

PSP Swiss Property AG (OTCMKTS:PSPSF) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 147,900 shares, an increase of 33.8% from the March 15th total of 110,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 1,479.0 days.

PSP Swiss Property Stock Performance

OTCMKTS PSPSF remained flat at $172.54 on Friday. PSP Swiss Property has a 52-week low of $139.00 and a 52-week high of $172.54. The stock’s fifty day moving average is $152.32 and its 200-day moving average is $145.78.

About PSP Swiss Property

PSP Swiss Property AG, together with its subsidiaries, owns and operates real estate properties in Switzerland. It operates through Real Estate Investments and Property Management segments. The company owns, operates, and leases office, retail, gastronomy, and parking spaces. It also owns office and commercial properties, and development sites and individual projects in Zurich, Geneva, Basel, Bern, and Lausanne.