Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Free Report) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 242,592 shares, a drop of 43.1% from the May 31st total of 426,378 shares. Based on an average daily volume of 23,914 shares, the short-interest ratio is presently 10.1 days.
Primaris Real Estate Investment Trust Price Performance
Shares of PMREF stock opened at C$14.75 on Wednesday. The stock has a 50 day simple moving average of C$14.16 and a 200-day simple moving average of C$13.95. Primaris Real Estate Investment Trust has a 1-year low of C$10.44 and a 1-year high of C$46.44.
About Primaris Real Estate Investment Trust
Primaris Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and acquiring retail properties. The trust’s portfolio is anchored by neighbourhood and regional shopping centres, often featuring grocery store and necessity-based tenants that generate stable foot traffic. By concentrating on retail real estate, Primaris aims to deliver predictable income streams through long-term leases with credit-worthy tenants.
The company’s core activities include property management, leasing and asset management services.
Recommended Stories
- Five stocks we like better than Primaris Real Estate Investment Trust
- 3 Charts That Could Change the Course of Summer Trading
- Burger King’s Turnaround Is Putting Restaurant Brands Back in Focus
- Short Squeeze Alert—Moderna Stock Surges on New Strategy
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
Receive News & Ratings for Primaris Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primaris Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
