InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Sees Large Growth in Short Interest

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 1,147,500 shares, a growth of 20.3% from the February 29th total of 953,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 11,475.0 days.

InterRent Real Estate Investment Trust Stock Performance

OTCMKTS IIPZF remained flat at $10.01 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.46 and a current ratio of 0.46. InterRent Real Estate Investment Trust has a one year low of $8.38 and a one year high of $10.97. The firm's fifty day simple moving average is $10.00 and its two-hundred day simple moving average is $9.58. The firm has a market cap of $1.45 billion, a PE ratio of 21.30 and a beta of 0.72.

About InterRent Real Estate Investment Trust

InterRent?REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution?through the acquisition and ownership of multi-residential properties. InterRent's strategy is to expand its portfolio primarily within?markets that have exhibited stable market vacancies,?sufficient suites available to attain the critical mass necessary to implement?an efficient portfolio management structure, and?offer opportunities for accretive acquisitions.