Artis Real Estate Investment Trust (OTCMKTS:ARESF) Short Interest Down 8.3% in September

Artis Real Estate Investment Trust (OTCMKTS:ARESF) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totalling 1,490,400 shares, a drop of 8.3% from the September 15th total of 1,626,100 shares. Based on an average daily volume of 18,500 shares, the short-interest ratio is currently 80.6 days.

Artis Real Estate Investment Trust Trading Down 0.5 %

Shares of OTCMKTS ARESF opened at $5.98 on Friday. Artis Real Estate Investment Trust has a fifty-two week low of $4.07 and a fifty-two week high of $6.01. The stock has a fifty day moving average of $5.52 and a 200-day moving average of $5.01.

Artis Real Estate Investment Trust Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were paid a $0.0368 dividend. The ex-dividend date of this dividend was Monday, September 30th. This is a boost from Artis Real Estate Investment Trust’s previous dividend of $0.04. This represents a yield of 7.83%. Artis Real Estate Investment Trust’s dividend payout ratio is currently 84.74%.

About Artis Real Estate Investment Trust

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.