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

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

TAG Immobilien Stock Performance

Shares of OTCMKTS:TAGOF opened at $13.30 on Thursday. TAG Immobilien has a 12 month low of $11.62 and a 12 month high of $18.18. The company’s fifty day simple moving average is $14.05 and its 200 day simple moving average is $16.07.

About TAG Immobilien

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.