Short Interest in Cofinimmo SA (OTCMKTS:CFMOF) Decreases By 36.7%

Cofinimmo SA (OTCMKTS:CFMOF) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 74,900 shares, a drop of 36.7% from the February 29th total of 118,300 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 374.5 days.

Cofinimmo Stock Performance

OTCMKTS CFMOF remained flat at C$62.27 during trading hours on Friday. The stock’s fifty day moving average is C$71.07 and its 200 day moving average is C$69.26. Cofinimmo has a 12-month low of C$58.00 and a 12-month high of C$98.00.

Cofinimmo Company Profile

Cofinimmo has been acquiring, developing and managing rental properties for 40 years. The company has a portfolio spread across Belgium, France, the Netherlands, Germany, Spain, Finland, Ireland, Italy and the United Kingdom, with a value of approximately 6.2 billion EUR. Responding to societal changes, Cofinimmo's mission is to provide high-quality care, living, and working spaces to partner-tenants that directly benefit their occupants.