Independence Realty Trust Inc (NYSE:IRT) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,442,129 shares, a growth of 7.2% from the October 31st total of 1,344,734 shares. Based on an average trading volume of 1,235,328 shares, the short-interest ratio is currently 1.2 days. Approximately 2.1% of the company’s shares are short sold.

Independence Realty Trust (NYSE:IRT) traded up 1.25% on Friday, reaching $8.90. The company had a trading volume of 336,053 shares. The stock has a market capitalization of $420.30 million and a PE ratio of 11.90. Independence Realty Trust has a 52-week low of $5.97 and a 52-week high of $10.70. The stock has a 50 day moving average price of $8.63 and a 200 day moving average price of $8.69.

The business also recently announced a dividend, which will be paid on Thursday, December 15th. Stockholders of record on Wednesday, November 30th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Monday, November 28th.

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About Independence Realty Trust

Independence Realty Trust, Inc is an externally managed and advised apartment real estate investment trust (REIT). The Company’s business consists of owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of real estate assets. It owns and operates a portfolio of garden style and mid-rise apartment communities in the Southeastern United States.

5 Day Chart for NYSE:IRT

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