TAG Immobilien AG (OTCMKTS:TAGOF) Short Interest Up 19.6% in October

TAG Immobilien AG (OTCMKTS:TAGOF) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 112,100 shares, a growth of 19.6% from the October 15th total of 93,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1,121.0 days.

TAG Immobilien Price Performance

TAGOF remained flat at $17.52 during trading hours on Friday. The firm’s 50 day moving average is $17.45 and its 200-day moving average is $16.19. TAG Immobilien has a 1-year low of $9.38 and a 1-year high of $18.18.

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.