Vicinity Centres (OTCMKTS:CNRAF – Get Free Report) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 353,804 shares, a drop of 72.3% from the June 15th total of 1,276,537 shares. Based on an average daily trading volume, of 19 shares, the days-to-cover ratio is presently 18,621.3 days.
Vicinity Centres Stock Performance
Shares of Vicinity Centres stock remained flat at $1.82 during trading on Monday. 5,048 shares of the stock traded hands, compared to its average volume of 2,737. Vicinity Centres has a fifty-two week low of $1.26 and a fifty-two week high of $1.90. The company has a 50 day moving average of $1.82 and a two-hundred day moving average of $1.58.
About Vicinity Centres
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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