Slate Grocery REIT (OTCMKTS:SRRTF) Short Interest Update

Slate Grocery REIT (OTCMKTS:SRRTF) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 248,100 shares, a decline of 11.8% from the January 31st total of 281,300 shares. Based on an average daily trading volume, of 45,600 shares, the days-to-cover ratio is currently 5.4 days.

Slate Grocery REIT Trading Down 1.4 %

SRRTF stock opened at $9.76 on Friday. The business’s fifty day moving average price is $9.68 and its 200 day moving average price is $9.88. Slate Grocery REIT has a 12-month low of $7.72 and a 12-month high of $10.96.

Slate Grocery REIT Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.072 per share. The ex-dividend date is Friday, February 28th. This represents a $0.86 dividend on an annualized basis and a yield of 8.85%.

About Slate Grocery REIT

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.