Canadian Net R E Invt Uts (OTCMKTS:CNNRF) Sees Significant Growth in Short Interest

Canadian Net R E Invt Uts (OTCMKTS:CNNRF) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 51 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 5,366 shares, the days-to-cover ratio is presently 0.0 days.

Canadian Net R E Invt Uts Stock Down 2.1%

Shares of OTCMKTS:CNNRF opened at $4.70 on Thursday. Canadian Net R E Invt Uts has a 1 year low of $3.73 and a 1 year high of $6.20. The stock’s fifty day moving average price is $4.68.

Canadian Net R E Invt Uts Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th will be given a $0.03 dividend. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Tuesday, September 15th.

Wall Street Analysts Forecast Growth

Separately, Canadian Imperial Bank of Commerce began coverage on shares of Canadian Net R E Invt Uts in a report on Friday, April 24th. They set a “neutral” rating for the company. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

About Canadian Net R E Invt Uts

CANADIAN NET R E INVT UTS