Artis Real Estate Investment Trust (OTCMKTS:ARESF) Short Interest Down 8.7% in November

Artis Real Estate Investment Trust (OTCMKTS:ARESF) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 1,399,800 shares, a decrease of 8.7% from the November 15th total of 1,532,500 shares. Based on an average daily trading volume, of 20,300 shares, the short-interest ratio is currently 69.0 days.

Artis Real Estate Investment Trust Stock Performance

Shares of Artis Real Estate Investment Trust stock opened at $5.13 on Wednesday. Artis Real Estate Investment Trust has a 1-year low of $4.07 and a 1-year high of $6.01. The business has a 50-day moving average of $5.64 and a 200-day moving average of $5.28.

Artis Real Estate Investment Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were issued a dividend of $0.0355 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a yield of 7.62%. Artis Real Estate Investment Trust’s dividend payout ratio is presently 84.74%.

About Artis Real Estate Investment Trust

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.