Vicinity Centres (OTCMKTS:CNRAF) Short Interest Up 46.9% in March

Vicinity Centres (OTCMKTS:CNRAF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 5,450,000 shares, a growth of 46.9% from the February 28th total of 3,709,200 shares. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is currently 1,068.6 days.

Vicinity Centres Stock Performance

OTCMKTS:CNRAF remained flat at $1.10 during trading hours on Monday. 63,398 shares of the company were exchanged, compared to its average volume of 13,675. Vicinity Centres has a 12-month low of $0.89 and a 12-month high of $1.36. The business has a 50 day moving average of $1.01 and a 200-day moving average of $1.16.

Vicinity Centres Company Profile

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.