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

Canadian Net R E Invt Uts (OTCMKTS:CNNRFGet 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 1,601 shares, a decrease of 52.5% from the April 15th total of 3,374 shares. Based on an average trading volume of 2,461 shares, the short-interest ratio is currently 0.7 days.

Canadian Net R E Invt Uts Stock Performance

OTCMKTS CNNRF remained flat at $4.77 during trading hours on Friday. The company had a trading volume of 11,300 shares, compared to its average volume of 3,476. Canadian Net R E Invt Uts has a 1-year low of $3.73 and a 1-year high of $6.20.

Canadian Net R E Invt Uts Dividend Announcement

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

Analyst Ratings Changes

Separately, Canadian Imperial Bank of Commerce assumed coverage on Canadian Net R E Invt Uts in a research report on Friday, April 24th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

View Our Latest Analysis on Canadian Net R E Invt Uts

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