Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF – Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totalling 2,314,700 shares, an increase of 18.9% from the June 15th total of 1,946,000 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 11,573.5 days.
Choice Properties Real Estate Investment Trust Stock Up 1.7 %
Shares of PPRQF traded up $0.17 on Monday, hitting $9.97. The company’s stock had a trading volume of 14,900 shares, compared to its average volume of 20,251. Choice Properties Real Estate Investment Trust has a fifty-two week low of $8.60 and a fifty-two week high of $10.82. The company has a 50 day moving average price of $9.52 and a 200 day moving average price of $9.95.
Wall Street Analyst Weigh In
Separately, Raymond James assumed coverage on Choice Properties Real Estate Investment Trust in a report on Friday, June 14th. They set an “outperform” rating and a $15.00 price objective for the company.
Get Our Latest Report on PPRQF
About Choice Properties Real Estate Investment Trust
Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties. We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect.
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