Crombie Real Estate Investment Trust (OTCMKTS:CROMF – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,069,999 shares, an increase of 62.3% from the August 31st total of 659,292 shares. Based on an average daily volume of 28,603 shares, the days-to-cover ratio is presently 37.4 days.
Crombie Real Estate Investment Trust Stock Up 0.5%
Shares of OTCMKTS CROMF opened at $11.10 on Friday. Crombie Real Estate Investment Trust has a 12 month low of $10.47 and a 12 month high of $12.50. The business’s 50 day moving average is $11.71 and its two-hundred day moving average is $12.00.
About Crombie Real Estate Investment Trust
Crombie Real Estate Investment Trust is a Canadian real estate investment trust that owns, develops and manages a portfolio of income-producing commercial properties. Its holdings are primarily focused on grocery-anchored and necessity-based retail properties, along with select office and mixed-use assets.
The trust’s retail properties are designed to serve everyday consumer needs and commonly include grocery stores, pharmacies, financial services, restaurants and other convenience-oriented tenants.
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