Vicinity Centres (OTCMKTS:CNRAF) Sees Significant Decline in Short Interest

Vicinity Centres (OTCMKTS:CNRAF) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 4,374,800 shares, a decrease of 19.7% from the March 15th total of 5,450,000 shares. Based on an average daily volume of 12,000 shares, the days-to-cover ratio is currently 364.6 days.

Vicinity Centres Price Performance

OTCMKTS:CNRAF opened at $1.10 on Monday. The stock has a 50 day simple moving average of $1.04 and a 200 day simple moving average of $1.15. Vicinity Centres has a 1-year low of $0.89 and a 1-year high of $1.36.

Vicinity Centres Company Profile

Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups with a fully integrated asset management platform, and $24 billion in retail assets under management across 60 shopping centres, making it the second largest listed manager of Australian retail property.