Canadian Net R E Invt Uts (OTCMKTS:CNNRF) Shares Shorted: Short Interest Up 194.9% in September

Canadian Net R E Invt Uts (OTCMKTS:CNNRF – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 115 shares, an increase of 194.9% from the August 31st total of 39 shares. Based on an average daily trading volume, of 5,478 shares, the days-to-cover ratio is currently 0.0 days.

Canadian Net R E Invt Uts Stock Down 1.2%

Shares of CNNRF stock traded down $0.06 on Friday, hitting $4.59. The company had a trading volume of 1,305 shares, compared to its average volume of 4,104. The company’s 50-day simple moving average is $4.82. Canadian Net R E Invt Uts has a twelve month low of $3.73 and a twelve month high of $6.20.

Canadian Net R E Invt Uts Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be given a dividend of C$0.03 per share. This represents a $0.36 annualized dividend and a yield of 7.8%. The ex-dividend date is Tuesday, December 15th.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. National Bank Financial initiated coverage on shares of Canadian Net R E Invt Uts in a research report on Monday. They set a “sector perform” rating for the company. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Canadian Net R E Invt Uts in a research note on Thursday, August 20th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Canadian Net R E Invt Uts presently has a consensus rating of “Hold”.

Check Out Our Latest Report on CNNRF

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CANADIAN NET R E INVT UTS

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