LEG Immobilien AG (OTCMKTS:LEGIF) Short Interest Down 56.5% in June

LEG Immobilien AG (OTCMKTS:LEGIF) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 5,406 shares, a drop of 56.5% from the June 15th total of 12,417 shares. Based on an average trading volume of 87 shares, the days-to-cover ratio is currently 62.1 days. Currently, 0.0% of the company’s shares are sold short.

LEG Immobilien Price Performance

LEG Immobilien stock remained flat at $60.15 during mid-day trading on Tuesday. LEG Immobilien has a 52 week low of $58.68 and a 52 week high of $85.41. The company’s fifty day simple moving average is $63.59 and its two-hundred day simple moving average is $68.23. The stock has a market capitalization of $4.55 billion, a price-to-earnings ratio of 3.38 and a beta of 0.94.

LEG Immobilien Company Profile

LEG Immobilien AG is one of Germany’s leading residential real estate companies, specializing in the development, acquisition and management of residential and commercial properties. Headquartered in Düsseldorf, the company focuses on providing affordable and sustainable living spaces to a diverse tenant base. Its core business includes the rental and technical management of housing units as well as value-enhancing modernization and maintenance services.

The company’s portfolio comprises approximately 130,000 residential units and several thousand commercial spaces, primarily located in North Rhine-Westphalia and adjacent German states.