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CT Real Estate Investment Trust (OTCMKTS:CTRRF – Get Free Report) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 197,500 shares, a growth of 13.4% from the October 31st total of 174,200 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 493.8 days.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada dropped their price objective on shares of CT Real Estate Investment Trust from C$18.00 to C$17.00 in a report on Thursday, August 10th.
Read Our Latest Report on CT Real Estate Investment Trust
CT Real Estate Investment Trust Stock Performance
OTCMKTS:CTRRF remained flat at $10.17 on Friday. 1,607 shares of the company’s stock were exchanged, compared to its average volume of 2,681. The firm has a fifty day moving average of $10.05 and a 200 day moving average of $10.87. CT Real Estate Investment Trust has a twelve month low of $9.75 and a twelve month high of $12.44.
About CT Real Estate Investment Trust
CT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 370 properties totalling more than 30 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada.
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