Dream Residential Real Estate Investment Trust (OTCMKTS:DRREF) Short Interest Down 92.9% in March

Dream Residential Real Estate Investment Trust (OTCMKTS:DRREF) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 92.9% from the February 29th total of 1,400 shares. Based on an average daily trading volume, of 3,100 shares, the short-interest ratio is presently 0.0 days.

Dream Residential Real Estate Investment Trust Stock Performance

Shares of OTCMKTS DRREF traded up C$0.21 during trading hours on Thursday, reaching C$7.07. The stock had a trading volume of 1,400 shares, compared to its average volume of 3,427. The business’s fifty day moving average is C$6.76 and its two-hundred day moving average is C$6.55. Dream Residential Real Estate Investment Trust has a twelve month low of C$5.39 and a twelve month high of C$9.24.

Dream Residential Real Estate Investment Trust Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be issued a dividend of $0.035 per share. The ex-dividend date is Wednesday, March 27th.

Dream Residential Real Estate Investment Trust Company Profile

Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns an initial portfolio of 16 garden-style multi-residential properties, consisting of 3,432 units primarily located in three markets across the Sunbelt and Midwest regions of the United States.