Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF – Get Free Report) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,100 shares, an increase of 37.5% from the February 29th total of 800 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is presently 1.4 days.
Automotive Properties Real Estate Investment Trust Price Performance
APPTF stock opened at C$7.31 on Friday. Automotive Properties Real Estate Investment Trust has a one year low of C$7.31 and a one year high of C$8.92. The firm has a 50-day moving average of C$7.72 and a two-hundred day moving average of C$7.72.
About Automotive Properties Real Estate Investment Trust
Automotive Properties REIT is an internally managed, unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT’s portfolio currently consists of 77 income-producing commercial properties, representing approximately 2.9 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.
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