Workspace Group Plc (OTCMKTS:WKPPF) Short Interest Update

Workspace Group Plc (OTCMKTS:WKPPF) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 17,405 shares, an increase of 359.1% from the January 15th total of 3,791 shares. Based on an average daily volume of 5,263 shares, the short-interest ratio is presently 3.3 days. Based on an average daily volume of 5,263 shares, the short-interest ratio is presently 3.3 days.

Workspace Group Price Performance

Shares of Workspace Group stock opened at $5.75 on Wednesday. Workspace Group has a 12 month low of $4.75 and a 12 month high of $6.00. The business has a fifty day simple moving average of $5.19 and a 200-day simple moving average of $5.59.

Analysts Set New Price Targets

Separately, Barclays reissued an “overweight” rating on shares of Workspace Group in a research note on Monday, December 8th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy”.

About Workspace Group

Workspace Group plc is a London-based real estate investment trust (REIT) that specializes in providing flexible workspace solutions for small and medium-sized enterprises. The company acquires, develops and manages a diversified portfolio of office suites, studios and industrial workshops designed to support the operational needs of its clients. Its properties range from modern business centres to converted historic buildings, all tailored to foster creativity, collaboration and growth.

The group’s portfolio spans over five million square feet across more than 50 locations in Greater London.