Short Interest in Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) Drops By 66.7%

Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a decline of 66.7% from the March 31st total of 300 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 0.3 days.

Automotive Properties Real Estate Investment Trust Price Performance

Shares of OTCMKTS APPTF remained flat at C$7.26 during trading on Friday. Automotive Properties Real Estate Investment Trust has a fifty-two week low of C$7.20 and a fifty-two week high of C$8.92. The firm’s fifty day moving average price is C$7.43 and its 200 day moving average price is C$7.68.

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.