Goodman Group (OTCMKTS:GMGSF) Stock Short Interest Report for September

Goodman Group (OTCMKTS:GMGSF) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 155,266 shares, a decrease of 45.5% from the September 15th total of 284,843 shares. Based on an average trading volume of 940 shares, the short-interest ratio is currently 165.2 days.

Goodman Group Price Performance

Shares of OTCMKTS:GMGSF opened at $18.36 on Wednesday. The company has a 50 day moving average of $19.37 and a 200 day moving average of $20.17. Goodman Group has a 12 month low of $16.08 and a 12 month high of $23.92.

Wall Street Analyst Weigh In

GMGSF has been the subject of a number of analyst reports. New Street Research set a $32.00 price target on Goodman Group in a report on Monday. The Goldman Sachs Group started coverage on Goodman Group in a research note on Monday. They set a “buy” rating on the stock. One research analyst has rated the stock with a Buy rating. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $32.00.

About Goodman Group

Goodman Group (OTCMKTS:GMGSF) is an Australian integrated property group that owns, develops and manages logistics and industrial real estate. Its portfolio includes warehouses, distribution centers, business parks and other properties used for supply-chain, manufacturing and data center operations.

The company provides property investment and development services, along with asset and facilities management for institutional investors, businesses and other customers. Goodman typically focuses on strategically located properties near major population centers, transport infrastructure and trade hubs.

Goodman Group serves markets across Australia and New Zealand, Asia, Europe, the United Kingdom and the Americas.