Tikehau Capital (OTCMKTS:TKKHF) Short Interest Up 156.2% in May

Tikehau Capital (OTCMKTS:TKKHF) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 6,131 shares, a growth of 156.2% from the May 14th total of 2,393 shares. Based on an average trading volume of 42 shares, the days-to-cover ratio is currently 146.0 days.

Analysts Set New Price Targets

Separately, Citigroup lowered shares of Tikehau Capital from a “buy” rating to a “neutral” rating in a report on Monday, April 13th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Tikehau Capital presently has a consensus rating of “Hold”.

Tikehau Capital Price Performance

Tikehau Capital stock opened at C$20.75 on Friday. Tikehau Capital has a 12-month low of C$20.75 and a 12-month high of C$22.35. The firm’s fifty day moving average price is C$21.74 and its 200 day moving average price is C$19.83.

About Tikehau Capital

Tikehau Capital is a Paris?based alternative asset management and investment group offering a wide range of financing solutions across multiple asset classes. The firm specializes in private debt, private equity, real estate, liquid strategies and capital markets, along with dedicated platforms for energy transition and infrastructure financing. Through its integrated approach, Tikehau Capital seeks to address the specific financing needs of corporations, real estate developers and institutional investors.

In its private debt division, the company provides direct lending, mezzanine financing and special?situation debt to mid?sized companies in Europe and beyond.