Short Interest in Slate Grocery REIT (OTCMKTS:SRRTF) Decreases By 16.8%

Slate Grocery REIT (OTCMKTS:SRRTF) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 190,200 shares, a drop of 16.8% from the August 31st total of 228,500 shares. Based on an average trading volume of 18,200 shares, the short-interest ratio is currently 10.5 days.

Slate Grocery REIT Stock Up 0.5 %

Shares of SRRTF stock opened at $10.56 on Friday. The stock’s fifty day moving average price is $9.32 and its two-hundred day moving average price is $8.55. Slate Grocery REIT has a fifty-two week low of $6.94 and a fifty-two week high of $10.64.

Slate Grocery REIT Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a dividend yield of 8.18%. The ex-dividend date is Friday, September 27th.

Slate Grocery REIT Company Profile

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.