Rural Funds Group (OTCMKTS:RFNDF) Short Interest Update

Rural Funds Group (OTCMKTS:RFNDF) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 9,496 shares, a decline of 49.9% from the April 30th total of 18,969 shares. Based on an average daily trading volume, of 73 shares, the short-interest ratio is presently 130.1 days.

Rural Funds Group Price Performance

Shares of OTCMKTS:RFNDF remained flat at $1.42 during midday trading on Monday. Rural Funds Group has a 1-year low of $1.01 and a 1-year high of $1.43. The stock’s 50-day moving average price is $1.41 and its 200 day moving average price is $1.34.

Rural Funds Group Company Profile

Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties. RFF is a stapled security, incorporating Rural Funds Trust (ARSN 112 951 578) and RF Active (ARSN 168 740 805).