( ) saw a significant drop in short interest during the month of April. On April 30, there were 400 shares of short interest, which is a reduction of 20,0% from 500 shares on April 15. The short-interest rate is currently 0.1 days based on a daily average of 2,800 shares.
Dream Residential Real Estate Investment Trust Stock Performance
The price of the stock remained unchanged at C$8.37 in mid-day trading Monday. The trading volume for the company's shares was 400 shares compared to 2,546 average. Dream Residential Real Estate Investment Trust's 52-week low is C$6.58 while its 52-week high is C$10.00. Raymond James also reduced their price target for shares of Dream Residential Real Estate Investment Trust in a Friday, 5th May research note from C$11.25 down to C$10.00.
Dream Residential Real Estate Investment Trust Company profile
Dream Residential REIT, a newly-created, unincorporated and open-ended, real estate investment trust, is governed under the laws of Ontario. The REIT has an initial portfolio consisting of 16 garden style multi-residential buildings, containing 3,432 apartments. These properties are located primarily in three markets within the Sunbelt region and Midwest of the United States.
MarketBeat.com offers a FREE daily email newsletter