Vicinity Centres (OTCMKTS:CNRAF) Short Interest Down 19.7% in March

Vicinity Centres (OTCMKTS:CNRAF) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 4,374,800 shares, a drop of 19.7% from the March 15th total of 5,450,000 shares. Based on an average daily trading volume, of 12,000 shares, the days-to-cover ratio is currently 364.6 days.

Vicinity Centres Price Performance

CNRAF stock remained flat at $1.10 during mid-day trading on Friday. The business’s fifty day moving average is $1.04 and its 200 day moving average is $1.15. Vicinity Centres has a 12-month low of $0.89 and a 12-month high of $1.36.

About Vicinity Centres

Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups with a fully integrated asset management platform, and $24 billion in retail assets under management across 60 shopping centres, making it the second largest listed manager of Australian retail property.