Gazit-Globe Ltd. (OTCMKTS:GZTGF) Shares Shorted: Short Interest Up 131.5% in September

Gazit-Globe Ltd. (OTCMKTS:GZTGF) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 5,490 shares, an increase of 131.5% from the September 15th total of 2,372 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 470 shares, the short-interest ratio is currently 11.7 days.

Gazit-Globe Stock Performance

GZTGF stock remained flat at $2.74 during trading on Wednesday. Gazit-Globe has a fifty-two week low of $0.00 and a fifty-two week high of $3.50. The business’s fifty day simple moving average is $1.89 and its 200-day simple moving average is $1.98. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 2.26.

Gazit-Globe Company Profile

Gazit-Globe Ltd. is a real estate company focused on the ownership, development and management of income-producing properties. Its portfolio has historically emphasized necessity-based retail properties, including grocery-anchored shopping centers, as well as complementary commercial and mixed-use real estate.

The company has operated through subsidiaries and affiliated platforms in markets including the United States, Canada, Israel and Europe. Its activities have included acquiring properties, redeveloping existing centers, leasing retail space and managing real estate investments for long-term income and value creation.

Gazit-Globe was founded by Chaim Katzman, who has been closely associated with the company’s development and leadership.