Artis Real Estate Investment Trust (OTCMKTS:ARESF) Short Interest Down 5.6% in August

Artis Real Estate Investment Trust (OTCMKTS:ARESF) was the target of a significant decline in short interest in the month of August. As of August 15th, there was short interest totalling 1,714,600 shares, a decline of 5.6% from the July 31st total of 1,816,700 shares. Based on an average daily trading volume, of 8,000 shares, the short-interest ratio is presently 214.3 days.

Artis Real Estate Investment Trust Stock Up 0.6 %

ARESF opened at $5.28 on Monday. Artis Real Estate Investment Trust has a one year low of $4.07 and a one year high of $5.28. The stock’s 50 day moving average price is $4.86 and its 200-day moving average price is $4.72.

Artis Real Estate Investment Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, September 13th. Shareholders of record on Monday, September 2nd will be paid a $0.0365 dividend. The ex-dividend date is Friday, August 30th. This represents a yield of 8.76%. Artis Real Estate Investment Trust’s payout ratio is 84.74%.

Artis Real Estate Investment Trust Company Profile

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.