Short Interest in Dream Office Real Estate Investment Trust (OTCMKTS:DRETF) Decreases By 5.7%

Dream Office Real Estate Investment Trust (OTCMKTS:DRETF) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 247,400 shares, a decline of 5.7% from the August 31st total of 262,300 shares. Based on an average daily trading volume, of 2,700 shares, the short-interest ratio is currently 91.6 days.

Dream Office Real Estate Investment Trust Stock Performance

Shares of DRETF traded up $0.06 during mid-day trading on Monday, hitting $16.74. 9,941 shares of the company’s stock were exchanged, compared to its average volume of 3,552. The firm has a fifty day moving average of $14.19 and a two-hundred day moving average of $13.47. Dream Office Real Estate Investment Trust has a twelve month low of $10.80 and a twelve month high of $17.13.

Dream Office Real Estate Investment Trust Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a $0.0614 dividend. The ex-dividend date is Friday, September 27th. This is a positive change from Dream Office Real Estate Investment Trust’s previous dividend of $0.06. This represents a yield of 4.37%. Dream Office Real Estate Investment Trust’s dividend payout ratio is presently 99.84%.

About Dream Office Real Estate Investment Trust

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world.