Short Interest in Slate Grocery REIT (OTCMKTS:SRRTF) Declines By 23.1%

Slate Grocery REIT (OTCMKTS:SRRTF) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 277,700 shares, a drop of 23.1% from the November 15th total of 361,100 shares. Based on an average trading volume of 40,200 shares, the short-interest ratio is currently 6.9 days.

Slate Grocery REIT Price Performance

Shares of OTCMKTS:SRRTF traded down $0.01 during trading hours on Friday, hitting $10.28. The stock had a trading volume of 15,830 shares, compared to its average volume of 14,137. Slate Grocery REIT has a 1-year low of $7.72 and a 1-year high of $10.96. The stock’s fifty day simple moving average is $10.16 and its 200 day simple moving average is $9.34.

Slate Grocery REIT Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be paid a $0.072 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 8.41%. The ex-dividend date is Friday, November 29th.

About Slate Grocery REIT

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.