SEGRO Plc (OTCMKTS:SEGXF) Sees Large Increase in Short Interest

SEGRO Plc (OTCMKTS:SEGXF) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 959,100 shares, a growth of 16.8% from the September 30th total of 821,200 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is currently 479.6 days.

SEGRO Stock Performance

Shares of OTCMKTS SEGXF remained flat at $10.70 during mid-day trading on Wednesday. SEGRO has a 1 year low of $8.05 and a 1 year high of $12.49. The stock’s 50-day moving average is $11.52 and its 200 day moving average is $11.41.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.8 million square metres of space (116 million square feet) valued at £20.6 billion serving customers from a wide range of industry sectors.