Short Interest in LEG Immobilien AG (OTCMKTS:LEGIF) Decreases By 90.5%

LEG Immobilien AG (OTCMKTS:LEGIF) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 12,417 shares, a drop of 90.5% from the May 31st total of 130,416 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,135 shares, the days-to-cover ratio is presently 10.9 days.

LEG Immobilien Price Performance

Shares of LEG Immobilien stock remained flat at $60.15 on Friday. LEG Immobilien has a one year low of $58.68 and a one year high of $85.41. The stock has a 50-day moving average price of $66.16 and a 200 day moving average price of $69.29. The firm has a market cap 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.