Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Sees Significant Decline in Short Interest

Posted by Alanna Baker on Feb 3rd, 2025

Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Free Report) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 594,600 shares, a decline of 12.5% from the December 31st total of 679,900 shares. Based on an average daily volume of 3,200 shares, the short-interest ratio is presently 185.8 days.

Primaris Real Estate Investment Trust Price Performance

Shares of PMREF stock opened at C$10.25 on Monday. Primaris Real Estate Investment Trust has a 52-week low of C$9.25 and a 52-week high of C$12.17. The firm’s 50-day moving average is C$10.94 and its 200-day moving average is C$10.99.

About Primaris Real Estate Investment Trust

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Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform.