Canadian Net R E Invt Uts (OTCMKTS:CNNRF) Short Interest Down 75.3% in July

Canadian Net R E Invt Uts (OTCMKTS:CNNRFGet Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 39 shares, a drop of 75.3% from the July 15th total of 158 shares. Based on an average daily trading volume, of 1,222 shares, the short-interest ratio is presently 0.0 days.

Canadian Net R E Invt Uts Price Performance

OTCMKTS CNNRF traded up $0.20 during trading on Thursday, hitting $5.00. 323 shares of the stock traded hands, compared to its average volume of 3,773. Canadian Net R E Invt Uts has a 12-month low of $3.73 and a 12-month high of $6.20. The company has a 50-day moving average of $4.68.

Canadian Net R E Invt Uts Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 15th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%.

Analysts Set New Price Targets

Separately, Canadian Imperial Bank of Commerce started coverage on shares of Canadian Net R E Invt Uts in a research report on Friday, April 24th. They set a “neutral” rating for the company. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

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Canadian Net R E Invt Uts Company Profile

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CANADIAN NET R E INVT UTS

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