Slate Grocery REIT (OTCMKTS:SRRTF) Short Interest Down 16.8% in September

Slate Grocery REIT (OTCMKTS:SRRTF) saw a large drop in short interest in September. As of September 15th, there was short interest totalling 190,200 shares, a drop of 16.8% from the August 31st total of 228,500 shares. Based on an average trading volume of 18,200 shares, the short-interest ratio is presently 10.5 days.

Slate Grocery REIT Trading Down 0.2 %

SRRTF opened at $10.56 on Monday. The business’s 50-day simple moving average is $9.32 and its 200 day simple moving average is $8.56. Slate Grocery REIT has a 52-week low of $6.94 and a 52-week high of $10.64.

Slate Grocery REIT Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a $0.072 dividend. This represents a $0.86 annualized dividend and a dividend yield of 8.18%. The ex-dividend date is Friday, September 27th.

Slate Grocery REIT Company Profile

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.