Chartwell Retirement Residences (OTCMKTS:CWSRF) Short Interest Up 69.7% in July

Chartwell Retirement Residences (OTCMKTS:CWSRF) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 442,300 shares, agrowthof69.7% from the June 30th total of 260,600 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 552.9 days. Based on an average daily volume of 800 shares, the short-interest ratio is presently 552.9 days.

Wall Street Analysts Forecast Growth

CWSRF has been the subject of several research analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Chartwell Retirement Residences in a report on Thursday, May 15th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Chartwell Retirement Residences in a research note on Monday, May 12th.

Chartwell Retirement Residences Stock Performance

CWSRF opened at $13.17 on Friday. The business has a 50 day moving average price of $13.23 and a two-hundred day moving average price of $12.32. Chartwell Retirement Residences has a 1-year low of $10.29 and a 1-year high of $14.04.

About Chartwell Retirement Residences

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.