Short Interest in InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Decreases By 29.7%

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 649,000 shares, a decrease of 29.7% from the August 31st total of 922,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 6,490.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 6,490.0 days.

InterRent Real Estate Investment Trust Stock Down 1.0%

IIPZF stock opened at $9.60 on Monday. The company’s 50 day moving average is $9.65 and its two-hundred day moving average is $9.12. The stock has a market cap of $1.34 billion, a P/E ratio of -10.67 and a beta of 0.92. InterRent Real Estate Investment Trust has a twelve month low of $6.57 and a twelve month high of $10.23. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.73.

InterRent Real Estate Investment Trust Company Profile

InterRent?REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution?through the acquisition and ownership of multi-residential properties. InterRent’s strategy is to expand its portfolio primarily within?markets that have exhibited stable market vacancies,?sufficient suites available to attain the critical mass necessary to implement?an efficient portfolio management structure, and?offer opportunities for accretive acquisitions.