Vicinity Centres (OTCMKTS:CNRAF – Get Free Report) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 164,134 shares, a drop of 47.3% from the August 31st total of 311,741 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Vicinity Centres Price Performance
CNRAF stock remained flat at $1.85 during trading on Thursday. Vicinity Centres has a 1 year low of $1.26 and a 1 year high of $1.90. The company has a 50 day moving average of $1.85 and a 200-day moving average of $1.78.
Vicinity Centres Company Profile
Vicinity Centres is an Australian real estate investment trust that owns, develops and manages a portfolio of retail properties. Its assets include shopping centres and retail destinations designed to serve everyday consumer needs, with a focus on convenience, services, food and beverage, and experiential retail.
The company’s properties are located across Australia and include major regional and metropolitan centres, neighbourhood shopping centres and flagship destinations. Vicinity Centres is also associated with Chadstone, a prominent shopping and lifestyle centre in Melbourne that it co-owns and manages.
Vicinity Centres was created in 2015 through the merger of Federation Centres and Novion Property Group.
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