Short Interest in Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) Expands By 19.3%

Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 356,100 shares, a growth of 19.3% from the March 15th total of 298,400 shares. Based on an average daily volume of 700 shares, the short-interest ratio is currently 508.7 days.

Automotive Properties Real Estate Investment Trust Stock Performance

OTCMKTS APPTF opened at C$7.25 on Monday. The company has a 50-day moving average price of C$7.19 and a two-hundred day moving average price of C$7.82. Automotive Properties Real Estate Investment Trust has a 52 week low of C$6.70 and a 52 week high of C$9.17.

About Automotive Properties Real Estate Investment Trust

Automotive Properties REIT is an internally managed, unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 77 income-producing commercial properties, representing approximately 2.9 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.