Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Sees Large Increase in Short Interest

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 5,216,500 shares, a growth of 42.1% from the June 15th total of 3,670,800 shares. Based on an average daily volume of 107,500 shares, the days-to-cover ratio is presently 48.5 days.

Dream Industrial Real Estate Investment Trust Price Performance

Shares of OTCMKTS DREUF traded up $0.35 during midday trading on Friday, hitting $9.62. 18,117 shares of the company’s stock traded hands, compared to its average volume of 37,723. Dream Industrial Real Estate Investment Trust has a 1 year low of $8.32 and a 1 year high of $10.90. The firm has a fifty day moving average of $9.27 and a 200 day moving average of $9.58.

Dream Industrial Real Estate Investment Trust Company Profile

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2023, we own, manage and operate a global portfolio of well-located, diversified industrial properties comprising 327 assets totalling approximately 71.4 million square feet of GLA in key markets across Canada, Europe and the U.S.