CT Real Estate Investment Trust (OTCMKTS:CTRRF – Get Free Report) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 487,767 shares, a decline of 14.6% from the December 31st total of 571,055 shares. Based on an average daily volume of 14,105 shares, the short-interest ratio is currently 34.6 days. Based on an average daily volume of 14,105 shares, the short-interest ratio is currently 34.6 days.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on CTRRF shares. CIBC reiterated a “neutral” rating on shares of CT Real Estate Investment Trust in a research note on Wednesday, November 5th. BMO Capital Markets reiterated a “market perform” rating on shares of CT Real Estate Investment Trust in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, CT Real Estate Investment Trust presently has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on CT Real Estate Investment Trust
CT Real Estate Investment Trust Trading Down 0.5%
About CT Real Estate Investment Trust
CT Real Estate Investment Trust (OTCMKTS: CTRRF) is a Canadian real estate investment trust focused on owning, leasing and managing a diversified portfolio of predominantly retail and mixed-use properties across Canada. Established in 2013 as a spin-off from Canadian Tire Corporation, the Trust’s holdings include automotive service centres, flagship Canadian Tire and affiliated retail stores, distribution and logistics facilities, as well as properties leased to select third-party retailers.
The Trust employs a long-term, net‐lease strategy designed to generate stable and predictable rental income.
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