Slate Grocery REIT (OTCMKTS:SRRTF) Short Interest Update

Slate Grocery REIT (OTCMKTS:SRRTF) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 419,272 shares, an increase of 52.9% from the January 29th total of 274,228 shares. Based on an average daily trading volume, of 21,590 shares, the days-to-cover ratio is currently 19.4 days. Based on an average daily trading volume, of 21,590 shares, the days-to-cover ratio is currently 19.4 days.

Slate Grocery REIT Stock Up 0.2%

Shares of OTCMKTS:SRRTF opened at $11.65 on Friday. The firm’s 50 day moving average price is $11.42 and its 200 day moving average price is $10.85. Slate Grocery REIT has a fifty-two week low of $8.75 and a fifty-two week high of $11.99.

About Slate Grocery REIT

Slate Grocery REIT is a real estate investment trust that specializes in owning and operating grocery-anchored retail properties across the United States. The company focuses on net lease investments in everyday necessity properties, primarily grocery stores, pharmacies and other essential retailers that benefit from stable consumer demand and predictable cash flows.

The REIT’s portfolio is concentrated in single-tenant and small multi-tenant sites that are typically leased to investment-grade operators.