RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) Sees Large Decrease in Short Interest

RioCan Real Estate Investment Trust (OTCMKTS:RIOCF – Get Free Report) was the target of a large drop in short interest in September. As of September 15th, there was short interest totalling 4,560,500 shares, a drop of 48.9% from the August 31st total of 8,926,400 shares. Based on an average trading volume of 131,900 shares, the [...]

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RioCan Real Estate Investment Trust ( OTCMKTS:RIOCF – Get Free Report ) was the target of a large drop in short interest in September. As of September 15th, there was short interest totalling 4,560,500 shares, a drop of 48.9% from the August 31st total of 8,926,400 shares.

Based on an average trading volume of 131,900 shares, the short-interest ratio is currently 34.6 days. RioCan Real Estate Investment Trust Stock Up 0.



8 % RioCan Real Estate Investment Trust stock traded up $0.12 during midday trading on Friday, hitting $15.16.

127,874 shares of the stock were exchanged, compared to its average volume of 62,987. RioCan Real Estate Investment Trust has a 52-week low of $11.43 and a 52-week high of $15.

40. The business’s 50-day moving average price is $13.79 and its 200-day moving average price is $13.

17. RioCan Real Estate Investment Trust Increases Dividend The firm also recently declared a dividend, which will be paid on Monday, October 7th. Investors of record on Tuesday, October 1st will be given a dividend of $0.

0681 per share. This represents a dividend yield of 5.39%.

This is an increase from RioCan Real Estate Investment Trust’s previous dividend of $0.07. The ex-dividend date is Monday, September 30th.

RioCan Real Estate Investment Trust’s dividend payout ratio (DPR) is presently 57.26%. RioCan Real Estate Investment Trust Company Profile RioCan is one of Canada's largest real estate investment trusts.

RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan's interest) including office, residential rental and 9 development properties.

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