Short Interest in Nexus Industrial REIT (OTCMKTS:EFRTF) Expands By 56.8%

Nexus Industrial REIT (OTCMKTS:EFRTF) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 397,000 shares, a growth of 56.8% from the August 15th total of 253,200 shares. Based on an average trading volume of 5,800 shares, the days-to-cover ratio is currently 68.4 days.

Nexus Industrial REIT Stock Up 1.3 %

Shares of EFRTF traded up $0.08 during mid-day trading on Friday, hitting $6.48. 5,203 shares of the company were exchanged, compared to its average volume of 5,755. Nexus Industrial REIT has a 1-year low of $4.55 and a 1-year high of $6.55. The company has a 50 day moving average of $5.74 and a 200-day moving average of $5.45.

Nexus Industrial REIT Company Profile

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.