Nexus Industrial REIT (OTCMKTS:EFRTF) Short Interest Up 6.7% in December

Nexus Industrial REIT (OTCMKTS:EFRTF) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 463,400 shares, an increase of 6.7% from the November 30th total of 434,200 shares. Based on an average daily volume of 88,100 shares, the days-to-cover ratio is currently 5.3 days.

Nexus Industrial REIT Stock Performance

EFRTF opened at $5.39 on Thursday. Nexus Industrial REIT has a twelve month low of $4.76 and a twelve month high of $6.66. The firm’s 50-day moving average price is $5.70 and its 200 day moving average price is $5.78.

About Nexus Industrial REIT

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 116 properties (including two properties held for development in which the REIT has an 80% interest) comprising approximately 12.4 million square feet of gross leasable area.