Short Interest in Nexus Industrial REIT (OTCMKTS:EFRTF) Increases By 14.1%

Nexus Industrial REIT (OTCMKTS:EFRTF) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 462,900 shares, a growth of 14.1% from the September 15th total of 405,700 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 192.9 days.

Nexus Industrial REIT Stock Performance

Shares of EFRTF traded up $0.06 on Monday, reaching $6.26. The company’s stock had a trading volume of 1,700 shares, compared to its average volume of 5,491. Nexus Industrial REIT has a 12-month low of $4.55 and a 12-month high of $6.66. The stock’s 50 day simple moving average is $6.17 and its two-hundred day simple moving average is $5.57.

About Nexus Industrial REIT

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 116 properties (including two properties held for development in which the REIT has an 80% interest) comprising approximately 12.4 million square feet of gross leasable area.