Short Interest in Canadian Net R E Invt Uts (OTCMKTS:CNNRF) Declines By 52.5%

Canadian Net R E Invt Uts (OTCMKTS:CNNRFGet Free Report) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,601 shares, a drop of 52.5% from the April 15th total of 3,374 shares. Based on an average daily volume of 2,461 shares, the short-interest ratio is presently 0.7 days.

Canadian Net R E Invt Uts Stock Performance

Shares of CNNRF opened at $4.77 on Friday. Canadian Net R E Invt Uts has a 12 month low of $3.73 and a 12 month high of $6.20.

Canadian Net R E Invt Uts Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.0292 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

Analysts Set New Price Targets

Separately, Canadian Imperial Bank of Commerce started coverage on Canadian Net R E Invt Uts in a report on Friday, April 24th. They issued a “neutral” rating on the stock. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

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CANADIAN NET R E INVT UTS

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