Artis Real Estate Investment Trust (OTCMKTS:ARESF) Short Interest Update

Artis Real Estate Investment Trust (OTCMKTS:ARESF) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 1,889,500 shares, a growth of 8.1% from the March 15th total of 1,748,000 shares. Based on an average daily volume of 14,700 shares, the days-to-cover ratio is presently 128.5 days.

Artis Real Estate Investment Trust Stock Performance

OTCMKTS:ARESF opened at $4.55 on Tuesday. The stock’s 50 day moving average price is $4.55 and its 200 day moving average price is $4.67. Artis Real Estate Investment Trust has a 52 week low of $4.07 and a 52 week high of $5.53.

Artis Real Estate Investment Trust Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a $0.037 dividend. The ex-dividend date was Wednesday, March 27th. This represents a yield of 9.89%. Artis Real Estate Investment Trust’s dividend payout ratio is currently 84.74%.

Artis Real Estate Investment Trust Company Profile

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.