The Necessity Retail REIT, Inc. (NASDAQ:RTLPO – Get Rating) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,400 shares, a decrease of 44.0% from the December 31st total of 2,500 shares. Based on an average trading volume of 13,600 shares, the days-to-cover ratio is currently 0.1 days.
Necessity Retail REIT Price Performance
Shares of NASDAQ RTLPO traded up $0.27 during trading hours on Thursday, hitting $23.00. The company had a trading volume of 215 shares, compared to its average volume of 9,813. Necessity Retail REIT has a 1-year low of $18.77 and a 1-year high of $26.82.
Get Necessity Retail REIT alerts:Necessity Retail REIT Announces Dividend
The firm also recently declared a dividend, which was paid on Tuesday, January 17th. Investors of record on Friday, January 6th were paid a $0.4609 dividend. This represents a yield of 9.22%. The ex-dividend date of this dividend was Thursday, January 5th.
About Necessity Retail REIT
(Get Rating)The Necessity Retail REIT (Nasdaq: RTL) is a publicly traded real estate investment trust listed on Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S. Additional information about RTL can be found on its website at .
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