Artis Real Estate Investment Trust (OTCMKTS:ARESF) Short Interest Down 8.3% in September

Artis Real Estate Investment Trust (OTCMKTS:ARESF) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 1,490,400 shares, a drop of 8.3% from the September 15th total of 1,626,100 shares. Based on an average daily trading volume, of 18,500 shares, the days-to-cover ratio is presently 80.6 days.

Artis Real Estate Investment Trust Price Performance

OTCMKTS ARESF opened at $6.01 on Wednesday. Artis Real Estate Investment Trust has a 1 year low of $4.07 and a 1 year high of $6.01. The business’s 50-day moving average is $5.47 and its 200 day moving average is $5.00.

Artis Real Estate Investment Trust Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were paid a $0.0368 dividend. The ex-dividend date was Monday, September 30th. This is a boost from Artis Real Estate Investment Trust’s previous dividend of $0.04. This represents a dividend yield of 7.83%. Artis Real Estate Investment Trust’s dividend payout ratio (DPR) is presently 84.74%.

About Artis Real Estate Investment Trust

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.