Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Sees Significant Growth in Short Interest


Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Rating) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 474,000 shares, an increase of 18.7% from the June 30th total of 399,300 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 2,370.0 days.

Wall Street Analysts Forecast Growth

Separately, Industrial Alliance Securities began coverage on Primaris Real Estate Investment Trust in a report on Wednesday, July 6th. They set a “buy” rating for the company.

Primaris Real Estate Investment Trust Trading Down 1.5 %

Shares of PMREF opened at 9.30 on Friday. Primaris Real Estate Investment Trust has a 52-week low of 9.30 and a 52-week high of 11.73.

Primaris Real Estate Investment Trust Company Profile

(Get Rating)

Primaris properties including all of H&R REIT’s enclosed malls comprises real estate properties. The assets are located in Canada. Primaris properties including all of H&R REIT’s enclosed malls(TSX:PMZ.UN) operates independently of H&R Real Estate Investment Trust as of December 31, 2021.

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