Short Interest in Canadian Net R E Invt Uts (OTCMKTS:CNNRF) Decreases By 52.5%

Canadian Net R E Invt Uts (OTCMKTS:CNNRF) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,601 shares, a decline of 52.5% from the April 15th total of 3,374 shares. Based on an average daily volume of 2,461 shares, the short-interest ratio is currently 0.7 days.

Analyst Upgrades and Downgrades

Separately, Canadian Imperial Bank of Commerce started coverage on shares of Canadian Net R E Invt Uts in a research report on Friday, April 24th. They issued a “neutral” rating for the company. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Canadian Net R E Invt Uts Price Performance

Shares of Canadian Net R E Invt Uts stock remained flat at $4.77 on Friday. 11,300 shares of the company’s stock traded hands, compared to its average volume of 3,476. Canadian Net R E Invt Uts has a 52 week low of $3.73 and a 52 week high of $6.20.

Canadian Net R E Invt Uts Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.0292 per share. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 7.3%.

Canadian Net R E Invt Uts Company Profile

CANADIAN NET R E INVT UTS