Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) Short Interest Update

Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 2,621,400 shares, a decrease of 14.8% from the April 30th total of 3,076,700 shares. Based on an average daily trading volume, of 31,800 shares, the short-interest ratio is currently 82.4 days.

Analysts Set New Price Targets

Separately, CIBC reissued a “neutral” rating on shares of Allied Properties Real Estate Investment Trust in a research report on Friday, May 2nd.

Allied Properties Real Estate Investment Trust Price Performance

Shares of Allied Properties Real Estate Investment Trust stock opened at $11.39 on Thursday. The firm has a fifty day moving average price of $10.99 and a 200 day moving average price of $11.73. Allied Properties Real Estate Investment Trust has a 1 year low of $9.71 and a 1 year high of $15.08.

About Allied Properties Real Estate Investment Trust

Allied is a leading owner-operator of distinctive urban workspace in Canada's major cities. Allied's mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied's vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.