Short Interest in TAG Immobilien AG (OTCMKTS:TAGOF) Expands By 67.7%

TAG Immobilien AG (OTCMKTS:TAGOF) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 199,700 shares, a growth of 67.7% from the February 13th total of 119,100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,997.0 days.

TAG Immobilien Price Performance

OTCMKTS TAGOF opened at $14.28 on Friday. The company has a fifty day simple moving average of $14.56 and a 200 day simple moving average of $16.25. TAG Immobilien has a 12-month low of $11.62 and a 12-month high of $18.18.

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.