Short Interest in Champion Real Estate Investment Trust (OTCMKTS:CMPNF) Grows By 18.7%

Champion Real Estate Investment Trust (OTCMKTS:CMPNF – Get Rating) was the recipient of a significant increase in short interest during the month of December. As of December 30th, there was short interest totalling 3,510,200 shares, an increase of 18.7% from the December 15th total of 2,956,200 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 1,462.6 days.

Analyst Ratings Changes

Separately, HSBC lowered shares of Champion Real Estate Investment Trust from a “hold” rating to a “reduce” rating in a research report on Friday, November 18th.

Champion Real Estate Investment Trust Stock Performance

CMPNF stock opened at $0.39 on Friday. Champion Real Estate Investment Trust has a 52 week low of $0.30 and a 52 week high of $0.45. The company has a fifty day simple moving average of $0.34 and a two-hundred day simple moving average of $0.38.

About Champion Real Estate Investment Trust

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Champion Real Estate Investment Trust is a trust formed to own and invest in income- producing office and retail properties. The Trust focuses on Grade-A commercial properties in prime locations. It currently offers investors direct exposure to 2.93 million sq. ft. of prime office and retail properties by way of two landmark properties, Three Garden Road and Langham Place, one on each side of the Victoria Harbour.