Artis Real Estate Investment Trust (OTCMKTS:ARESF) Short Interest Down 8.7% in November

Artis Real Estate Investment Trust (OTCMKTS:ARESF) was the target of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 1,399,800 shares, a decrease of 8.7% from the November 15th total of 1,532,500 shares. Based on an average daily volume of 20,300 shares, the days-to-cover ratio is presently 69.0 days.

Artis Real Estate Investment Trust Stock Down 1.2 %

OTCMKTS:ARESF opened at $5.10 on Monday. Artis Real Estate Investment Trust has a fifty-two week low of $4.07 and a fifty-two week high of $6.01. The company has a 50 day moving average price of $5.67 and a 200 day moving average price of $5.27.

Artis Real Estate Investment Trust Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 2nd were paid a dividend of $0.0355 per share. This represents a yield of 7.62%. The ex-dividend date was Friday, November 29th. Artis Real Estate Investment Trust’s payout ratio is currently 84.74%.

Artis Real Estate Investment Trust Company Profile

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.