Short Interest in TAG Immobilien AG (OTCMKTS:TAGOF) Drops By 18.2%

TAG Immobilien AG (OTCMKTS:TAGOF) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 163,300 shares, a drop of 18.2% from the February 28th total of 199,700 shares. Based on an average trading volume of 400 shares, the short-interest ratio is presently 408.3 days.

TAG Immobilien Price Performance

OTCMKTS:TAGOF opened at $13.30 on Thursday. TAG Immobilien has a 52-week low of $11.62 and a 52-week high of $18.18. The stock’s 50-day simple moving average is $14.05 and its 200 day simple moving average is $16.07.

TAG Immobilien Company Profile

TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. It also rents commercial real estate properties, as well as operates serviced apartments. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.