Slate Grocery REIT (OTCMKTS:SRRTF) Sees Large Decline in Short Interest

Slate Grocery REIT (OTCMKTS:SRRTF) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 277,700 shares, a drop of 23.1% from the November 15th total of 361,100 shares. Based on an average trading volume of 40,200 shares, the short-interest ratio is currently 6.9 days.

Slate Grocery REIT Stock Down 0.0 %

Shares of OTCMKTS SRRTF opened at $10.28 on Monday. The company has a fifty day moving average price of $10.16 and a 200 day moving average price of $9.35. Slate Grocery REIT has a 1-year low of $7.72 and a 1-year high of $10.96.

Slate Grocery REIT Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be given a dividend of $0.072 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.86 annualized dividend and a dividend yield of 8.41%.

Slate Grocery REIT Company Profile

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.