Nexus Industrial REIT (OTCMKTS:EFRTF) Short Interest Update

Nexus Industrial REIT (OTCMKTS:EFRTF) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 508,500 shares, an increase of 9.7% from the December 31st total of 463,400 shares. Based on an average daily volume of 88,800 shares, the days-to-cover ratio is presently 5.7 days.

Nexus Industrial REIT Trading Down 1.3 %

EFRTF stock traded down $0.07 during trading on Monday, hitting $5.12. 417,086 shares of the stock traded hands, compared to its average volume of 46,055. Nexus Industrial REIT has a one year low of $4.76 and a one year high of $6.66. The company has a 50 day simple moving average of $5.39 and a 200 day simple moving average of $5.81.

Nexus Industrial REIT Company Profile

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 116 properties (including two properties held for development in which the REIT has an 80% interest) comprising approximately 12.4 million square feet of gross leasable area.