Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Sees Large Drop in Short Interest

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 2,955,500 shares, a drop of 15.7% from the November 15th total of 3,506,500 shares. Based on an average trading volume of 8,200 shares, the days-to-cover ratio is currently 360.4 days.

Dream Industrial Real Estate Investment Trust Trading Down 0.4 %

DREUF traded down $0.03 during trading on Monday, reaching $8.50. 20,449 shares of the company traded hands, compared to its average volume of 29,488. Dream Industrial Real Estate Investment Trust has a 12-month low of $8.11 and a 12-month high of $10.81. The firm has a fifty day simple moving average of $9.38 and a 200 day simple moving average of $9.64.

About Dream Industrial Real Estate Investment Trust

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2023, we own, manage and operate a global portfolio of well-located, diversified industrial properties comprising 327 assets totalling approximately 71.4 million square feet of GLA in key markets across Canada, Europe and the U.S.