Crombie Real Estate Investment Trust (OTCMKTS:CROMF) Stock Short Interest Report for October

Crombie Real Estate Investment Trust (OTCMKTS:CROMF) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,364,410 shares, an increase of 70.8% from the September 30th total of 798,961 shares. Based on an average daily trading volume, of 14,341 shares, the days-to-cover ratio is currently 95.1 days.

Crombie Real Estate Investment Trust Price Performance

Crombie Real Estate Investment Trust stock opened at $11.42 on Tuesday. Crombie Real Estate Investment Trust has a 52 week low of $10.47 and a 52 week high of $12.50. The business’s 50-day moving average price is $11.35 and its 200 day moving average price is $11.86.

About Crombie Real Estate Investment Trust

Crombie Real Estate Investment Trust is a Canadian real estate investment trust that owns, manages and develops income-producing commercial properties. Its portfolio is focused primarily on grocery-anchored and necessity-based retail properties, along with office and mixed-use assets.

The trust’s retail properties are commonly anchored by grocery stores and other essential-service tenants, helping serve everyday consumer needs. Crombie also provides property and asset management services in connection with its real estate portfolio and development activities.

Crombie’s properties are located mainly in Atlantic Canada, with additional assets in other parts of Canada, including Ontario and Quebec.