Dream Unlimited Corp. (OTCMKTS:DRUNF) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 44,700 shares, a decline of 19.5% from the March 15th total of 55,500 shares. Based on an average daily volume of 8,000 shares, the short-interest ratio is currently 5.6 days.
A number of research firms have recently commented on DRUNF. CIBC boosted their target price on shares of Dream Unlimited from $24.00 to $27.00 and gave the stock an “outperform” rating in a research note on Thursday, February 25th. TD Securities boosted their target price on shares of Dream Unlimited from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday, February 25th. Finally, Canaccord Genuity boosted their target price on shares of Dream Unlimited from $26.00 to $27.00 and gave the stock a “buy” rating in a research note on Thursday, February 25th.
Shares of OTCMKTS DRUNF opened at $17.95 on Wednesday. Dream Unlimited has a 12-month low of $10.34 and a 12-month high of $18.71. The company has a 50-day moving average of $18.02 and a 200 day moving average of $16.24.
Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.
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