Vicinity Centres (OTCMKTS:CNRAF) Sees Large Drop in Short Interest

Vicinity Centres (OTCMKTS:CNRAF) saw a significant decline in short interest in January. As of January 31st, there was short interest totalling 3,613,700 shares, a decline of 6.3% from the January 15th total of 3,857,400 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 36,137.0 days.

Vicinity Centres Price Performance

CNRAF opened at $1.03 on Wednesday. The business’s fifty day simple moving average is $1.14 and its 200 day simple moving average is $1.21. Vicinity Centres has a 52 week low of $0.90 and a 52 week high of $1.33.

About Vicinity Centres

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.