Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Short Interest Update

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) saw a large decline in short interest during the month of August. As of August 15th, there was short interest totaling 3,711,800 shares, adeclineof31.2% from the July 31st total of 5,394,800 shares. Based on an average daily volume of 29,100 shares, the days-to-cover ratio is currently 127.6 days. Based on an average daily volume of 29,100 shares, the days-to-cover ratio is currently 127.6 days.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. National Bankshares reiterated an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a research report on Tuesday, July 15th. Scotiabank reiterated an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a research report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to data from MarketBeat, Dream Industrial Real Estate Investment Trust presently has a consensus rating of “Buy”.

Dream Industrial Real Estate Investment Trust Trading Down 0.2%

OTCMKTS DREUF opened at $8.90 on Tuesday. Dream Industrial Real Estate Investment Trust has a 1 year low of $6.68 and a 1 year high of $10.81. The company has a fifty day moving average price of $8.70 and a 200-day moving average price of $8.20.

About Dream Industrial Real Estate Investment Trust

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2023, we own, manage and operate a global portfolio of well-located, diversified industrial properties comprising 327 assets totalling approximately 71.4 million square feet of GLA in key markets across Canada, Europe and the U.S.