Short Interest in Dream Residential Real Estate Investment Trust (OTCMKTS:DRREF) Increases By 161.9%

Dream Residential Real Estate Investment Trust (OTCMKTS:DRREFGet Free Report) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 5,500 shares, a growth of 161.9% from the March 31st total of 2,100 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is presently 1.2 days.

Dream Residential Real Estate Investment Trust Price Performance

DRREF opened at C$6.83 on Friday. The company’s 50 day simple moving average is C$6.69 and its two-hundred day simple moving average is C$6.52. Dream Residential Real Estate Investment Trust has a 1-year low of C$5.39 and a 1-year high of C$8.50.

Dream Residential Real Estate Investment Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be paid a $0.035 dividend. The ex-dividend date of this dividend is Monday, April 29th.

About Dream Residential Real Estate Investment Trust

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