SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) Short Interest Up 6.0% in March

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 678,800 shares, an increase of 6.0% from the March 15th total of 640,300 shares. Based on an average trading volume of 12,900 shares, the days-to-cover ratio is presently 52.6 days.

SmartCentres Real Estate Investment Trust Stock Performance

Shares of SmartCentres Real Estate Investment Trust stock opened at $16.04 on Thursday. SmartCentres Real Estate Investment Trust has a 12 month low of $14.98 and a 12 month high of $19.99. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.69. The stock has a market cap of $2.86 billion, a PE ratio of 8.27 and a beta of 1.10. The business has a fifty day simple moving average of $17.16 and a 200-day simple moving average of $17.38.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) last issued its earnings results on Wednesday, February 14th. The company reported $0.06 earnings per share for the quarter. The company had revenue of $155.02 million for the quarter. SmartCentres Real Estate Investment Trust had a return on equity of 7.11% and a net margin of 53.88%.

About SmartCentres Real Estate Investment Trust

SmartCentres is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.