Warehouses De Pauw SA (OTCMKTS:WDPSF) Sees Large Decline in Short Interest

Warehouses De Pauw SA (OTCMKTS:WDPSF) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 19,615 shares, a drop of 41.0% from the November 30th total of 33,270 shares. Based on an average daily trading volume, of 1,141 shares, the days-to-cover ratio is presently 17.2 days. Based on an average daily trading volume, of 1,141 shares, the days-to-cover ratio is presently 17.2 days.

Analyst Upgrades and Downgrades

Separately, BNP Paribas downgraded shares of Warehouses De Pauw to an “underperform” rating in a research report on Wednesday, September 10th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Warehouses De Pauw presently has an average rating of “Sell”.

Warehouses De Pauw Price Performance

Warehouses De Pauw stock opened at $25.29 on Friday. The firm has a 50 day moving average of $25.57 and a 200 day moving average of $25.03. Warehouses De Pauw has a 12-month low of $17.70 and a 12-month high of $26.63.

About Warehouses De Pauw

Warehouses De Pauw, trading on the OTC market under the symbol WDPSF, is a Belgian real estate investment trust focused on the development, ownership and management of logistics and distribution properties. Headquartered in Merchtem, Belgium, the company specializes in providing modern, high-quality warehouse and logistics facilities designed to meet the needs of a diverse range of industrial and commercial tenants.

The company’s core activities include the design, construction and leasing of build-to-suit and multi-tenant distribution centers.