Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Free Report) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 242,592 shares, a decrease of 43.1% from the May 31st total of 426,378 shares. Based on an average daily volume of 23,914 shares, the days-to-cover ratio is currently 10.1 days.
Primaris Real Estate Investment Trust Price Performance
Shares of PMREF opened at C$18.26 on Friday. Primaris Real Estate Investment Trust has a 12 month low of C$10.44 and a 12 month high of C$46.44. The stock’s 50 day moving average is C$14.33 and its two-hundred day moving average is C$14.05.
About Primaris Real Estate Investment Trust
Primaris Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and acquiring retail properties. The trust’s portfolio is anchored by neighbourhood and regional shopping centres, often featuring grocery store and necessity-based tenants that generate stable foot traffic. By concentrating on retail real estate, Primaris aims to deliver predictable income streams through long-term leases with credit-worthy tenants.
The company’s core activities include property management, leasing and asset management services.
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