Crombie Real Estate Investment Trust (OTCMKTS:CROMF – Get Free Report) saw a significant increase in short interest in 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 trading volume of 28,603 shares, the short-interest ratio is currently 37.4 days.
Crombie Real Estate Investment Trust Stock Performance
Crombie Real Estate Investment Trust stock traded up $0.05 during mid-day trading on Thursday, reaching $11.10. 55,133 shares of the company’s stock were exchanged, compared to its average volume of 44,058. The business’s fifty day simple moving average is $11.74 and its 200 day simple moving average is $12.01. Crombie Real Estate Investment Trust has a one year low of $10.47 and a one year high of $12.50.
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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