Chartwell Retirement Residences (OTCMKTS:CWSRF) Short Interest Update

Chartwell Retirement Residences (OTCMKTS:CWSRF) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totalling 386,200 shares, a decline of 40.2% from the May 31st total of 645,900 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is presently 386.2 days.

Wall Street Analysts Forecast Growth

Separately, Desjardins started coverage on shares of Chartwell Retirement Residences in a report on Thursday, April 11th. They issued a “buy” rating and a $15.00 price objective on the stock.

Chartwell Retirement Residences Stock Performance

Shares of Chartwell Retirement Residences stock traded up $0.06 during trading on Friday, reaching $9.38. The company had a trading volume of 2,400 shares, compared to its average volume of 6,554. The firm’s fifty day moving average is $9.24 and its 200-day moving average is $9.03. Chartwell Retirement Residences has a fifty-two week low of $6.86 and a fifty-two week high of $9.50.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada's seniors, committed to its vision of Making People's Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.