Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF) Short Interest Update

Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 1,912,900 shares, a decrease of 24.4% from the August 31st total of 2,529,300 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 3,825.8 days.

Analyst Ratings Changes

Separately, Raymond James initiated coverage on shares of Choice Properties Real Estate Investment Trust in a research note on Friday, June 14th. They issued an “outperform” rating and a $15.00 price objective on the stock.

Choice Properties Real Estate Investment Trust Stock Up 0.4 %

PPRQF stock traded up $0.05 during midday trading on Friday, hitting $11.20. The stock had a trading volume of 100 shares, compared to its average volume of 19,418. The company’s 50-day moving average price is $10.53 and its 200 day moving average price is $10.01. Choice Properties Real Estate Investment Trust has a 12-month low of $8.60 and a 12-month high of $11.30.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties. We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect.