CTP (OTCMKTS:CTPVF) Short Interest Up 7,882.4% in July

CTP (OTCMKTS:CTPVF) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 135,700 shares, agrowthof7,882.4% from the July 15th total of 1,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,357.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,357.0 days.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CTPVF. The Goldman Sachs Group reissued a “buy” rating on shares of CTP in a research note on Monday, May 19th. Jefferies Financial Group downgraded shares of CTP to a “hold” rating in a research report on Thursday, August 7th.

CTP Price Performance

Shares of OTCMKTS:CTPVF opened at C$19.76 on Friday. CTP has a 52 week low of C$18.95 and a 52 week high of C$22.05. The company has a 50 day moving average price of C$18.66 and a two-hundred day moving average price of C$16.25.

CTP Company Profile

CTP N.V., together with its subsidiaries, develops, owns, operates, and leases commercial real estate properties in Central, Western, and Eastern Europe. It offers industrial properties for various applications, such as warehousing, manufacturing, research and development, and bespoke property applications.