Warehouses De Pauw SA (OTCMKTS:WDPSF) Sees Large Drop in Short Interest

Warehouses De Pauw SA (OTCMKTS:WDPSF) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 19,615 shares, a decrease of 41.0% from the November 30th total of 33,270 shares. Based on an average daily trading volume, of 1,141 shares, the short-interest ratio is presently 17.2 days. Based on an average daily trading volume, of 1,141 shares, the short-interest ratio is presently 17.2 days.

Warehouses De Pauw Stock Performance

Shares of OTCMKTS:WDPSF opened at $25.29 on Friday. The firm has a fifty day moving average price of $25.57 and a 200 day moving average price of $25.03. Warehouses De Pauw has a fifty-two week low of $17.70 and a fifty-two week high of $26.63.

Wall Street Analyst Weigh In

Separately, BNP Paribas cut Warehouses De Pauw to an “underperform” rating in a report on Wednesday, September 10th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Warehouses De Pauw Company Profile

Warehouses De Pauw, trading on the OTC market under the symbol WDPSF, is a Belgian real estate investment trust focused on the development, ownership and management of logistics and distribution properties. Headquartered in Merchtem, Belgium, the company specializes in providing modern, high-quality warehouse and logistics facilities designed to meet the needs of a diverse range of industrial and commercial tenants.

The company’s core activities include the design, construction and leasing of build-to-suit and multi-tenant distribution centers.