CT Real Estate Investment Trust (OTCMKTS:CTRRF) Short Interest Down 90.3% in February

CT Real Estate Investment Trust (OTCMKTS:CTRRFGet Free Report) saw a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 54,033 shares, a decline of 90.3% from the February 12th total of 559,043 shares. Based on an average daily trading volume, of 43,367 shares, the short-interest ratio is presently 1.2 days. Based on an average daily trading volume, of 43,367 shares, the short-interest ratio is presently 1.2 days.

Analyst Ratings Changes

CTRRF has been the subject of a number of recent research reports. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of CT Real Estate Investment Trust in a research note on Monday, February 23rd. BMO Capital Markets reissued a “market perform” rating on shares of CT Real Estate Investment Trust in a research report on Thursday, February 19th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, CT Real Estate Investment Trust presently has an average rating of “Hold”.

Get Our Latest Analysis on CT Real Estate Investment Trust

CT Real Estate Investment Trust Stock Performance

CTRRF remained flat at $12.28 during trading hours on Tuesday. The company had a trading volume of 413 shares, compared to its average volume of 29,491. CT Real Estate Investment Trust has a 12-month low of $9.55 and a 12-month high of $12.28. The business has a fifty day moving average of $12.08 and a 200-day moving average of $11.86.

About CT Real Estate Investment Trust

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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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