Short Interest in Nexus Industrial REIT (OTCMKTS:EFRTF) Decreases By 7.8%

Nexus Industrial REIT (OTCMKTS:EFRTF) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 434,200 shares, a drop of 7.8% from the November 15th total of 471,000 shares. Based on an average daily trading volume, of 64,600 shares, the days-to-cover ratio is currently 6.7 days.

Nexus Industrial REIT Trading Down 0.5 %

Shares of OTCMKTS EFRTF traded down $0.03 during midday trading on Monday, hitting $5.52. The company’s stock had a trading volume of 54,500 shares, compared to its average volume of 10,108. The firm’s fifty day moving average price is $5.93 and its 200-day moving average price is $5.77. Nexus Industrial REIT has a 1-year low of $4.76 and a 1-year high of $6.66.

About Nexus Industrial REIT

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.