SEGRO (OTCMKTS:SEGXF) Short Interest Update

SEGRO (OTCMKTS:SEGXF) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 342,341 shares, a growth of 32.5% from the January 15th total of 258,326 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,328 shares, the short-interest ratio is presently 147.1 days. Based on an average daily volume of 2,328 shares, the short-interest ratio is presently 147.1 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded SEGRO from a “hold” rating to a “buy” rating in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, SEGRO currently has an average rating of “Hold”.

SEGRO Price Performance

SEGRO stock opened at $11.00 on Monday. The company’s fifty day moving average price is $9.84 and its 200 day moving average price is $9.31. SEGRO has a 1 year low of $7.64 and a 1 year high of $11.12.

About SEGRO

SEGRO PLC (OTCMKTS:SEGXF) is a leading real estate investment trust specializing in the ownership, development and management of modern warehousing, light industrial and urban logistics properties. As a FTSE 100 company, SEGRO’s portfolio encompasses a broad range of distribution centres, last-mile facilities and multi-let industrial estates designed to support high-growth sectors such as e-commerce, retail and manufacturing.

The company traces its origins to the Slough Trading Company, established in 1920, and underwent a major rebranding in 2009 to become SEGRO, reflecting its pan-European ambitions.