Nexus Industrial REIT (OTCMKTS:EFRTF) Trading 0.4% Higher – What’s Next?

Nexus Industrial REIT (OTCMKTS:EFRTF)’s stock price traded up 0.4% during mid-day trading on Thursday . The stock traded as high as $5.90 and last traded at $5.90. 1,090 shares traded hands during trading, a decline of 99% from the average session volume of 93,431 shares. The stock had previously closed at $5.8740.

Nexus Industrial REIT Stock Up 0.4%

The stock’s 50 day moving average is $5.71 and its 200 day moving average is $5.67.

About Nexus Industrial REIT

Nexus Industrial REIT is an unincorporated, closed-end real estate investment trust that focuses on the acquisition, development and management of industrial properties across North America. Its portfolio comprises single-tenant and multi-tenant distribution centres, manufacturing facilities and flex-industrial assets that serve a broad range of sectors including e-commerce, third-party logistics, consumer goods and light manufacturing. Long-term, triple-net leases form the backbone of its cash flow, aligning tenant responsibilities with property operating expenses and maintenance.

Since its establishment in 2018 and subsequent public listing, Nexus Industrial REIT has expanded into key Canadian markets—Ontario, Quebec, British Columbia and Alberta—as well as select U.S.