Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Short Interest Update

Primaris Real Estate Investment Trust (OTCMKTS:PMREF) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 594,600 shares, a decline of 12.5% from the December 31st total of 679,900 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is currently 185.8 days.

Primaris Real Estate Investment Trust Stock Performance

PMREF stock opened at C$10.25 on Monday. Primaris Real Estate Investment Trust has a fifty-two week low of C$9.25 and a fifty-two week high of C$12.17. The business’s fifty day moving average price is C$10.94 and its two-hundred day moving average price is C$10.99.

Primaris Real Estate Investment Trust Company Profile

Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform.