Vicinity Centres (OTCMKTS:CNRAF – Get Free Report) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 353,804 shares, a decline of 72.3% from the June 15th total of 1,276,537 shares. Based on an average trading volume of 19 shares, the short-interest ratio is currently 18,621.3 days.
Vicinity Centres Stock Performance
Shares of Vicinity Centres stock traded up $0.23 during midday trading on Friday, hitting $1.82. The company had a trading volume of 5,048 shares, compared to its average volume of 2,737. The company has a fifty day simple moving average of $1.82 and a 200 day simple moving average of $1.58. Vicinity Centres has a 12-month low of $1.26 and a 12-month high of $1.90.
Vicinity Centres Company Profile
Vicinity Centres (OTCMKTS: CNRAF) is an Australian real estate investment trust focused on the ownership and management of retail shopping centres. The company’s core business revolves around creating vibrant regional and sub-regional retail destinations that cater to the daily needs and lifestyle aspirations of local communities. Its portfolio encompasses more than 60 shopping centres across major Australian metropolitan and regional markets, with assets valued in excess of AUD 20 billion.
The company delivers a full suite of services including property management, leasing, marketing, and centre development.
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