Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) Sees Large Decline in Short Interest

Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 100 shares, a drop of 66.7% from the March 31st total of 300 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 0.3 days.

Automotive Properties Real Estate Investment Trust Price Performance

OTCMKTS APPTF remained flat at C$7.26 during trading hours on Friday. The business’s 50 day moving average is C$7.42 and its two-hundred day moving average is C$7.68. Automotive Properties Real Estate Investment Trust has a 52-week low of C$7.20 and a 52-week high of C$8.92.

Automotive Properties Real Estate Investment Trust Company Profile

Automotive Properties REIT is an internally managed, unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 77 income-producing commercial properties, representing approximately 2.9 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.