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

Primaris Real Estate Investment Trust (OTCMKTS:PMREF) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 499,400 shares, an increase of 18.7% from the August 31st total of 420,800 shares. Based on an average daily trading volume, of 7,800 shares, the days-to-cover ratio is currently 64.0 days.

Primaris Real Estate Investment Trust Price Performance

Shares of PMREF traded up C$0.05 during midday trading on Friday, reaching C$12.15. The stock had a trading volume of 4,020 shares, compared to its average volume of 2,275. Primaris Real Estate Investment Trust has a 1-year low of C$9.25 and a 1-year high of C$12.15. The company’s fifty day simple moving average is C$10.60 and its two-hundred day simple moving average is C$10.04.

About Primaris Real Estate Investment Trust

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.