CT Real Estate Investment Trust (OTCMKTS:CTRRF) Sees Significant Increase in Short Interest

CT Real Estate Investment Trust (OTCMKTS:CTRRF) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 747,300 shares, an increase of 13.2% from the December 15th total of 659,900 shares. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is currently 68.6 days.

CT Real Estate Investment Trust Stock Performance

OTCMKTS:CTRRF traded down $0.19 on Friday, hitting $9.67. 9,807 shares of the stock were exchanged, compared to its average volume of 6,304. CT Real Estate Investment Trust has a 52 week low of $9.43 and a 52 week high of $12.86. The company’s 50-day moving average price is $10.20 and its 200 day moving average price is $10.71.

About CT Real Estate Investment Trust

CT Real Estate Investment Trust is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 370 properties totalling more than 30 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada.