SEGRO Plc (OTCMKTS:SEGXF – Get Free Report) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,465,900 shares, an increase of 53.7% from the October 31st total of 953,900 shares. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is currently 287.4 days.
SEGRO Price Performance
SEGXF remained flat at $10.21 during trading on Friday. SEGRO has a fifty-two week low of $9.33 and a fifty-two week high of $12.49. The firm’s 50 day moving average is $10.69 and its 200 day moving average is $11.30.
Wall Street Analysts Forecast Growth
Separately, Barclays downgraded SEGRO from a “strong-buy” rating to a “hold” rating in a research note on Wednesday.
SEGRO Company Profile
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.
Featured Articles
- Five stocks we like better than SEGRO
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Analog Devices: Why the Uptrend Could Accelerate in 2025
- Most active stocks: Dollar volume vs share volume
- Texas Pacific Land: Permian Basin Powerhouse With an AI Edge
- 3 Warren Buffett Stocks to Buy Now
- ServiceNow: Will the High-Flyer Finally Split in 2024?
Receive News & Ratings for SEGRO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEGRO and related companies with MarketBeat.com's FREE daily email newsletter.
