Gazit-Globe Ltd. (OTCMKTS:GZTGF – Get Free Report) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 471 shares, a drop of 83.2% from the July 30th total of 2,799 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Gazit-Globe Stock Performance
Shares of OTCMKTS GZTGF remained flat at $1.80 during midday trading on Wednesday. 106 shares of the stock traded hands, compared to its average volume of 11. The firm’s 50 day moving average is $1.83 and its 200 day moving average is $2.06. Gazit-Globe has a 52-week low of $0.00 and a 52-week high of $4.25.
About Gazit-Globe
Gazit-Globe Ltd. is a real estate investment company specializing in the ownership, management and development of income-producing retail properties. Through its subsidiaries and joint ventures, the company acquires, leases and operates community and neighborhood shopping centers anchored by grocery stores, as well as mixed-use and office complexes designed to serve urban and suburban markets.
Founded in 1982 by real estate entrepreneur Chaim Katzman, Gazit-Globe has grown from a local property developer into a globally diversified real estate group.
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