CT Real Estate Investment Trust (OTCMKTS:CTRRF – Get Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 247,906 shares, an increase of 90.5% from the November 30th total of 130,128 shares. Based on an average trading volume of 10,526 shares, the short-interest ratio is presently 23.6 days. Based on an average trading volume of 10,526 shares, the short-interest ratio is presently 23.6 days.
CT Real Estate Investment Trust Stock Performance
CT Real Estate Investment Trust stock opened at $11.94 on Monday. CT Real Estate Investment Trust has a 12-month low of $9.55 and a 12-month high of $12.11. The business’s 50-day simple moving average is $11.67 and its 200 day simple moving average is $11.69.
Analyst Ratings Changes
A number of research firms have recently issued reports on CTRRF. BMO Capital Markets restated a “market perform” rating on shares of CT Real Estate Investment Trust in a research note on Wednesday, November 5th. CIBC restated a “neutral” rating on shares of CT Real Estate Investment Trust in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold”.
About CT Real Estate Investment Trust
CT Real Estate Investment Trust (OTCMKTS: CTRRF) is a Canadian real estate investment trust focused on owning, leasing and managing a diversified portfolio of predominantly retail and mixed-use properties across Canada. Established in 2013 as a spin-off from Canadian Tire Corporation, the Trust’s holdings include automotive service centres, flagship Canadian Tire and affiliated retail stores, distribution and logistics facilities, as well as properties leased to select third-party retailers.
The Trust employs a long-term, net‐lease strategy designed to generate stable and predictable rental income.
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