Slate Grocery REIT (OTCMKTS:SRRTF) Short Interest Up 52.9% in February

Slate Grocery REIT (OTCMKTS:SRRTF) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 419,272 shares, an increase of 52.9% from the January 29th total of 274,228 shares. Based on an average daily trading volume, of 21,590 shares, the days-to-cover ratio is presently 19.4 days. Based on an average daily trading volume, of 21,590 shares, the days-to-cover ratio is presently 19.4 days.

Slate Grocery REIT Stock Performance

SRRTF stock opened at $11.65 on Monday. Slate Grocery REIT has a 12-month low of $8.75 and a 12-month high of $11.99. The company’s fifty day simple moving average is $11.42 and its 200 day simple moving average is $10.86.

Slate Grocery REIT Company Profile

Slate Grocery REIT is a real estate investment trust that specializes in owning and operating grocery-anchored retail properties across the United States. The company focuses on net lease investments in everyday necessity properties, primarily grocery stores, pharmacies and other essential retailers that benefit from stable consumer demand and predictable cash flows.

The REIT’s portfolio is concentrated in single-tenant and small multi-tenant sites that are typically leased to investment-grade operators.