Supermarket Income REIT plc (OTCMKTS:SUPIF – Get Free Report) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 20,881 shares, a growth of 146.5% from the April 30th total of 8,470 shares. Based on an average daily volume of 3,295 shares, the days-to-cover ratio is currently 6.3 days.
Supermarket Income REIT Stock Performance
SUPIF opened at C$1.10 on Friday. The firm has a fifty day moving average price of C$1.09 and a 200 day moving average price of C$1.04. Supermarket Income REIT has a 1 year low of C$0.75 and a 1 year high of C$1.51.
About Supermarket Income REIT
Supermarket Income REIT (OTCMKTS:SUPIF) is a real estate investment trust focused on acquiring and managing supermarket properties across the United Kingdom. Established in 2017 and admitted to trading on the London Stock Exchange shortly thereafter, the company aims to deliver predictable income streams by investing in high-quality retail assets under long-term leases. Its strategy centers on securing properties occupied by leading supermarket operators to drive sustainable rental returns.
The company’s portfolio comprises freehold and leasehold supermarket sites let to tenants such as Tesco, Sainsbury’s, Co-op, and Marks & Spencer.
Further Reading
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