Inovalis Real Estate Investment Trust (OTCMKTS:IVREF – Get Rating) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 52,300 shares, a drop of 5.9% from the March 31st total of 55,600 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is presently 14.9 days.
Inovalis Real Estate Investment Trust Price Performance
IVREF stock opened at $2.33 on Wednesday. The company's 50-day moving average price is $2.76 and its 200 day moving average price is $3.03. Inovalis Real Estate Investment Trust has a 52 week low of $2.33 and a 52 week high of $6.32.
Get Inovalis Real Estate Investment Trust alerts:Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on IVREF shares. Desjardins started coverage on shares of Inovalis Real Estate Investment Trust in a report on Wednesday, April 19th. They issued a "hold" rating on the stock. National Bank Financial cut their price target on shares of Inovalis Real Estate Investment Trust to C$3.75 in a research note on Tuesday, April 18th.
Inovalis Real Estate Investment Trust Company Profile
(Get Rating)
Inovalis Real Estate Investment Trust engages in the acquisition and owning office properties. Its properties include van Jeuneurs, Vanves, Sabliere, Baldi, Arcueil, Metropolitan, Delizy, Hanover, Bad Homburg and Stuttgart. The company was founded by Stephane Amine on February 8, 2013 and is headquartered in Toronto, Canada.
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