Short Interest in Slate Grocery REIT (OTCMKTS:SRRTF) Increases By 52.9%

Slate Grocery REIT (OTCMKTS:SRRTF) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 419,272 shares, a growth of 52.9% from the January 29th total of 274,228 shares. Based on an average daily trading volume, of 21,590 shares, the days-to-cover ratio is currently 19.4 days. Based on an average daily trading volume, of 21,590 shares, the days-to-cover ratio is currently 19.4 days.

Slate Grocery REIT Trading Up 0.2%

Shares of SRRTF stock opened at $11.65 on Friday. Slate Grocery REIT has a 12 month low of $8.75 and a 12 month high of $11.99. The stock has a 50 day moving average of $11.42 and a 200-day moving average of $10.85.

Slate Grocery REIT Company Profile

Slate Grocery REIT is a real estate investment trust that specializes in owning and operating grocery-anchored retail properties across the United States. The company focuses on net lease investments in everyday necessity properties, primarily grocery stores, pharmacies and other essential retailers that benefit from stable consumer demand and predictable cash flows.

The REIT’s portfolio is concentrated in single-tenant and small multi-tenant sites that are typically leased to investment-grade operators.