Chartwell Retirement Residences (OTCMKTS:CWSRF – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 386,200 shares, a decrease of 40.2% from the May 31st total of 645,900 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is currently 386.2 days.
Wall Street Analyst Weigh In
Separately, Desjardins started coverage on Chartwell Retirement Residences in a report on Thursday, April 11th. They set a “buy” rating and a $15.00 price target for the company.
Check Out Our Latest Research Report on CWSRF
Chartwell Retirement Residences Price Performance
Chartwell Retirement Residences Company Profile
Chartwell is in the business of serving and caring for Canada's seniors, committed to its vision of Making People's Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.
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