Slate Grocery REIT (OTCMKTS:SRRTF) Sees Large Decline in Short Interest

Slate Grocery REIT (OTCMKTS:SRRTF) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 301,400 shares, a decline of 17.0% from the March 31st total of 363,200 shares. Based on an average daily trading volume, of 54,800 shares, the short-interest ratio is currently 5.5 days.

Slate Grocery REIT Stock Down 0.7 %

SRRTF opened at $7.96 on Tuesday. Slate Grocery REIT has a twelve month low of $6.94 and a twelve month high of $10.44. The company has a 50-day simple moving average of $8.26 and a 200 day simple moving average of $8.37.

Slate Grocery REIT Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be issued a dividend of $0.072 per share. The ex-dividend date is Monday, April 29th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 10.85%.

About Slate Grocery REIT

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.