Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) Short Interest Update

Posted by Latisha Jones on Mar 29th, 2025

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF – Get Free Report) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 2,300,100 shares, a decline of 39.6% from the February 28th total of 3,809,200 shares. Based on an average daily trading volume, of 57,100 shares, the days-to-cover ratio is currently 40.3 days.

Canadian Apartment Properties Real Estate Investment Trust Price Performance

OTCMKTS:CDPYF traded down $0.15 during mid-day trading on Friday, hitting $30.08. 61,922 shares of the company’s stock traded hands, compared to its average volume of 60,388. The firm has a 50 day moving average of $28.61 and a two-hundred day moving average of $32.07. Canadian Apartment Properties Real Estate Investment Trust has a 12 month low of $26.66 and a 12 month high of $41.55.

Canadian Apartment Properties Real Estate Investment Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.0903 per share. This represents a dividend yield of 3.64%. The ex-dividend date of this dividend is Monday, March 31st. Canadian Apartment Properties Real Estate Investment Trust’s dividend payout ratio is presently 39.43%.

Canadian Apartment Properties Real Estate Investment Trust Company Profile

(Get Free Report)

CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at December 31, 2023, CAPREIT owns approximately 64,300 residential apartment suites, townhomes and manufactured home community sites that are well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.