Artis Real Estate Investment Trust (OTCMKTS:ARESF) Short Interest Up 8.1% in March

Artis Real Estate Investment Trust (OTCMKTS:ARESF) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 1,889,500 shares, a growth of 8.1% from the March 15th total of 1,748,000 shares. Based on an average trading volume of 14,700 shares, the short-interest ratio is presently 128.5 days.

Artis Real Estate Investment Trust Trading Down 1.3 %

Shares of OTCMKTS:ARESF opened at $4.49 on Wednesday. Artis Real Estate Investment Trust has a 52-week low of $4.07 and a 52-week high of $5.53. The firm has a fifty day moving average of $4.54 and a 200 day moving average of $4.67.

Artis Real Estate Investment Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a $0.037 dividend. This represents a yield of 9.89%. The ex-dividend date was Wednesday, March 27th. Artis Real Estate Investment Trust’s dividend payout ratio is presently 84.74%.

About Artis Real Estate Investment Trust

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.