Nexus Industrial REIT (OTCMKTS:EFRTF) Short Interest Update

Nexus Industrial REIT (OTCMKTS:EFRTF) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 397,000 shares, an increase of 56.8% from the August 15th total of 253,200 shares. Based on an average daily trading volume, of 5,800 shares, the short-interest ratio is currently 68.4 days.

Nexus Industrial REIT Trading Up 1.3 %

Shares of OTCMKTS:EFRTF traded up $0.08 on Friday, hitting $6.48. 5,203 shares of the company were exchanged, compared to its average volume of 5,755. Nexus Industrial REIT has a 1-year low of $4.55 and a 1-year high of $6.55. The stock’s 50 day moving average price is $5.74 and its 200 day moving average price is $5.45.

Nexus Industrial REIT Company Profile

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 116 properties (including two properties held for development in which the REIT has an 80% interest) comprising approximately 12.4 million square feet of gross leasable area.