Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) Sees Large Decline in Short Interest

Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 100 shares, a decrease of 94.7% from the May 31st total of 1,900 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.

Automotive Properties Real Estate Investment Trust Stock Performance

APPTF stock opened at C$7.11 on Friday. The company’s 50-day simple moving average is C$7.32 and its 200 day simple moving average is C$7.61. Automotive Properties Real Estate Investment Trust has a 52 week low of C$7.11 and a 52 week high of C$8.92.

About Automotive Properties Real Estate Investment Trust

Automotive Properties REIT is an internally managed, unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 77 income-producing commercial properties, representing approximately 2.9 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.