Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) Short Interest Update

Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totalling 2,621,400 shares, a decline of 14.8% from the April 30th total of 3,076,700 shares. Based on an average trading volume of 31,800 shares, the days-to-cover ratio is presently 82.4 days.

Allied Properties Real Estate Investment Trust Stock Performance

Shares of APYRF opened at $11.67 on Friday. The firm’s 50-day moving average is $11.00 and its two-hundred day moving average is $11.72. Allied Properties Real Estate Investment Trust has a twelve month low of $9.71 and a twelve month high of $15.08.

Analyst Upgrades and Downgrades

Separately, CIBC reiterated a “neutral” rating on shares of Allied Properties Real Estate Investment Trust in a research note on Friday, May 2nd.

About Allied Properties Real Estate Investment Trust

Allied is a leading owner-operator of distinctive urban workspace in Canada's major cities. Allied's mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied's vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.