Canadian Net R E Invt Uts (OTCMKTS:CNNRF) Shares Shorted: Short Interest Up 194.9% in September

Canadian Net R E Invt Uts (OTCMKTS:CNNRF – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 115 shares, a growth of 194.9% from the August 31st total of 39 shares. Based on an average trading volume of 5,478 shares, the short-interest ratio is currently 0.0 days.

Canadian Net R E Invt Uts Price Performance

Shares of CNNRF traded down $0.06 during mid-day trading on Friday, reaching $4.59. 1,305 shares of the stock traded hands, compared to its average volume of 4,104. The business has a fifty day simple moving average of $4.82. Canadian Net R E Invt Uts has a 1 year low of $3.73 and a 1 year high of $6.20.

Canadian Net R E Invt Uts Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be paid a dividend of C$0.03 per share. This represents a $0.36 annualized dividend and a yield of 7.8%. The ex-dividend date is Tuesday, December 15th.

Analyst Ratings Changes

CNNRF has been the topic of a number of analyst reports. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Canadian Net R E Invt Uts in a research note on Thursday, August 20th. National Bank Financial began coverage on Canadian Net R E Invt Uts in a report on Monday. They set a “sector perform” rating for the company. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

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About Canadian Net R E Invt Uts

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CANADIAN NET R E INVT UTS

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