H&R Real Estate Investment Trust (OTCMKTS:HRUFF) Sees Significant Decrease in Short Interest

H&R Real Estate Investment Trust (OTCMKTS:HRUFF) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,634,700 shares, a decline of 11.3% from the January 15th total of 1,842,500 shares. Based on an average trading volume of 121,900 shares, the days-to-cover ratio is presently 13.4 days.

H&R Real Estate Investment Trust Stock Performance

Shares of OTCMKTS:HRUFF traded up $0.26 during midday trading on Monday, hitting $7.03. 4,813 shares of the stock traded hands, compared to its average volume of 33,752. H&R Real Estate Investment Trust has a one year low of $6.15 and a one year high of $8.66. The business’s 50 day moving average is $6.58 and its two-hundred day moving average is $7.27.

About H&R Real Estate Investment Trust

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $10.8 billion as at December 31, 2023. H&R REIT has ownership interests in a North American portfolio comprised of high-quality residential, industrial, office and retail properties comprising over 26.9 million square feet.