Slate Grocery REIT (OTCMKTS:SRRTF) Short Interest Update

Posted by Paula Ricardo on Apr 29th, 2024

Slate Grocery REIT (OTCMKTS:SRRTF – Get Free Report) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 301,400 shares, a decrease of 17.0% from the March 31st total of 363,200 shares. Based on an average daily trading volume, of 54,800 shares, the days-to-cover ratio is presently 5.5 days.

Slate Grocery REIT Stock Up 1.1 %

SRRTF stock traded up $0.09 on Monday, reaching $8.09. 5,900 shares of the company traded hands, compared to its average volume of 18,189. Slate Grocery REIT has a one year low of $6.94 and a one year high of $10.44. The firm has a fifty day simple moving average of $8.28 and a 200-day simple moving average of $8.37.

Slate Grocery REIT Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be issued a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a yield of 10.68%. The ex-dividend date is Monday, April 29th.

Slate Grocery REIT Company Profile

(Get Free Report)

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.