Artis Real Estate Investment Trust (OTCMKTS:ARESF) Short Interest Update

Artis Real Estate Investment Trust (OTCMKTS:ARESF) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 1,889,500 shares, a growth of 8.1% from the March 15th total of 1,748,000 shares. Based on an average trading volume of 14,700 shares, the days-to-cover ratio is presently 128.5 days.

Artis Real Estate Investment Trust Stock Down 2.7 %

ARESF opened at $4.61 on Monday. The company has a fifty day moving average price of $4.55 and a two-hundred day moving average price of $4.68. Artis Real Estate Investment Trust has a 1-year low of $4.07 and a 1-year high of $5.58.

Artis Real Estate Investment Trust Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be given a $0.037 dividend. This represents a yield of 9.89%. The ex-dividend date is Wednesday, March 27th. Artis Real Estate Investment Trust’s payout ratio is 84.74%.

Artis Real Estate Investment Trust Company Profile

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.