Great Eagle Holdings Ltd. (OTCMKTS:GEAHF) Sees Large Decline in Short Interest

Great Eagle Holdings Ltd. (OTCMKTS:GEAHF) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 125 shares, a decrease of 96.0% from the May 14th total of 3,100 shares. Based on an average daily volume of 50 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.0% of the company’s stock are sold short.

Great Eagle Stock Performance

Shares of GEAHF remained flat at $2.20 during mid-day trading on Thursday. The firm’s 50-day simple moving average is $2.15 and its two-hundred day simple moving average is $2.06. Great Eagle has a twelve month low of $1.63 and a twelve month high of $2.50.

Great Eagle Company Profile

Great Eagle (OTCMKTS: GEAHF) is the U.S. over-the-counter listing of Great Eagle Holdings Limited, a Hong Kong–based real estate investment and development group. The company’s core activities encompass the development, ownership and management of a diversified portfolio of commercial, residential, retail and industrial properties. Great Eagle’s property portfolio spans landmark office towers, shopping centres, serviced apartments and luxury hotels across key gateway cities.

In the commercial sector, Great Eagle holds flagship assets such as Three Garden Road in Hong Kong’s Central district, while its retail investments include interests in iSquare and other high-end shopping complexes.