Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) Short Interest Update

Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) saw a significant decline in short interest during the month of August. As of August 15th, there was short interest totalling 49,600 shares, a decline of 9.7% from the July 31st total of 54,900 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Automotive Properties Real Estate Investment Trust Price Performance

Shares of APPTF stock opened at C$8.00 on Wednesday. Automotive Properties Real Estate Investment Trust has a 12 month low of C$8.00 and a 12 month high of C$8.92.

Analyst Upgrades and Downgrades

Separately, National Bank Financial cut their price target on Automotive Properties Real Estate Investment Trust from C$12.50 to C$12.00 in a report on Tuesday, July 18th.

Automotive Properties Real Estate Investment Trust Company Profile

Automotive Properties REIT is an internally managed, unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 77 income-producing commercial properties, representing approximately 2.9 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.