Irish Residential Properties REIT Plc (OTCMKTS:RSHPF) Sees Significant Decline in Short Interest

Irish Residential Properties REIT Plc (OTCMKTS:RSHPF) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 5,000 shares, a decline of 56.5% from the August 31st total of 11,500 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 4.5 days.

Irish Residential Properties REIT Price Performance

OTCMKTS RSHPF remained flat at $0.98 during trading on Thursday. The business’s fifty day moving average is $1.00 and its 200 day moving average is $1.05. Irish Residential Properties REIT has a fifty-two week low of $0.98 and a fifty-two week high of $1.16.

Irish Residential Properties REIT Company Profile

Irish Residential Properties REIT plc (together with IRES Residential Properties Limited & IRES Fund Management Limited, the "Group") is a growth oriented Real Estate Investment Trust that is focused on acquiring, holding, managing and developing investments primarily focused on private residential rental accommodations in Ireland.