Vicinity Centres (OTCMKTS:CNRAF) Short Interest Update

by · The Markets Daily

Vicinity Centres (OTCMKTS:CNRAFGet Free Report) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,276,537 shares, an increase of 169.0% from the May 31st total of 474,629 shares. Based on an average trading volume of 26,445 shares, the short-interest ratio is presently 48.3 days.

Vicinity Centres Stock Performance

Vicinity Centres stock opened at $1.80 on Tuesday. Vicinity Centres has a 12-month low of $1.26 and a 12-month high of $1.90. The firm has a 50 day simple moving average of $1.82 and a 200-day simple moving average of $1.56.

About Vicinity Centres

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Vicinity Centres (OTCMKTS: CNRAF) is an Australian real estate investment trust focused on the ownership and management of retail shopping centres. The company’s core business revolves around creating vibrant regional and sub-regional retail destinations that cater to the daily needs and lifestyle aspirations of local communities. Its portfolio encompasses more than 60 shopping centres across major Australian metropolitan and regional markets, with assets valued in excess of AUD 20 billion.

The company delivers a full suite of services including property management, leasing, marketing, and centre development.

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