Short Interest in Vicinity Centres (OTCMKTS:CNRAF) Declines By 29.9%

Vicinity Centres (OTCMKTS:CNRAF) saw a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 4,824,000 shares, a drop of 29.9% from the May 15th total of 6,877,500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 48,240.0 days.

Vicinity Centres Price Performance

Vicinity Centres stock remained flat at $1.27 during midday trading on Friday. The stock’s fifty day moving average price is $1.25 and its two-hundred day moving average price is $1.27. Vicinity Centres has a 12-month low of $1.02 and a 12-month high of $1.38.

Vicinity Centres Company Profile

Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups with a fully integrated asset management platform, and $24 billion in retail assets under management across 60 shopping centres, making it the second largest listed manager of Australian retail property.