Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Short Interest Update

Primaris Real Estate Investment Trust (OTCMKTS:PMREF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 679,900 shares, a growth of 21.3% from the November 30th total of 560,500 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is presently 261.5 days.

Primaris Real Estate Investment Trust Stock Performance

Shares of Primaris Real Estate Investment Trust stock traded up C$0.22 on Tuesday, reaching C$10.75. 6,710 shares of the company were exchanged, compared to its average volume of 2,873. The stock’s 50 day moving average price is C$11.27 and its 200-day moving average price is C$10.81. Primaris Real Estate Investment Trust has a 1-year low of C$9.25 and a 1-year high of C$12.17.

About Primaris Real Estate Investment Trust

Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform.