Short Interest in Irish Residential Properties REIT Plc (OTCMKTS:RSHPF) Drops By 99.6%

Irish Residential Properties REIT Plc (OTCMKTS:RSHPF) was the target of a large drop in short interest in September. As of September 30th, there was short interest totalling 100 shares, a drop of 99.6% from the September 15th total of 23,200 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 0.2 days.

Shares of OTCMKTS RSHPF remained flat at $$1.88 during trading on Thursday. Irish Residential Properties REIT has a 52-week low of $1.88 and a 52-week high of $1.91. The firm’s fifty day moving average price is $1.90 and its 200 day moving average price is $1.91.

Irish Residential Properties REIT Company Profile

Irish Residential Properties REIT Plc (ÂIÂRESÂ registration # 529737) is an Irish REIT focused on consolidating the fragmented Irish rental market by targeting quality multi-unit residential real estate in Dublin and other major centres. IÂRES is externally managed by certain subsidiaries of CAPREIT (TSX:CAR.UN).

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