TAG Immobilien AG (OTCMKTS:TAGOF) Short Interest Update

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

TAG Immobilien Price Performance

Shares of TAGOF opened at $13.30 on Wednesday. The business’s 50 day simple moving average is $14.06 and its 200-day simple moving average is $16.09. TAG Immobilien has a 1 year low of $11.62 and a 1 year 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.