Short Interest in Vicinity Centres (OTCMKTS:CNRAF) Declines By 41.1%

Vicinity Centres (OTCMKTS:CNRAFGet Free Report) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 514,157 shares, a decrease of 41.1% from the April 15th total of 872,731 shares. Based on an average daily volume of 17 shares, the short-interest ratio is currently 30,244.5 days.

Vicinity Centres Stock Performance

Vicinity Centres stock opened at $1.90 on Monday. Vicinity Centres has a 52-week low of $1.26 and a 52-week high of $1.90. The company’s 50 day moving average is $1.63 and its two-hundred day moving average is $1.50.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded shares of Vicinity Centres to a “hold” rating in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

View Our Latest Stock Analysis on Vicinity Centres

Vicinity Centres Company Profile

(Get Free Report)

Vicinity Centres (OTCMKTS: CNRAF) is an Australian real estate investment trust focused on the ownership and management of retail shopping centres. The company’s core business revolves around creating vibrant regional and sub-regional retail destinations that cater to the daily needs and lifestyle aspirations of local communities. Its portfolio encompasses more than 60 shopping centres across major Australian metropolitan and regional markets, with assets valued in excess of AUD 20 billion.

The company delivers a full suite of services including property management, leasing, marketing, and centre development.

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