Vicinity Centres (OTCMKTS:CNRAF – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 164,134 shares, a drop of 47.3% from the August 31st total of 311,741 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Vicinity Centres Stock Performance
Vicinity Centres stock opened at $1.85 on Wednesday. The stock has a 50-day simple moving average of $1.85 and a 200 day simple moving average of $1.77. Vicinity Centres has a 52 week low of $1.26 and a 52 week high of $1.90.
Vicinity Centres Company Profile
Vicinity Centres is an Australian real estate investment trust that owns, develops and manages a portfolio of retail properties. Its assets include shopping centres and retail destinations designed to serve everyday consumer needs, with a focus on convenience, services, food and beverage, and experiential retail.
The company’s properties are located across Australia and include major regional and metropolitan centres, neighbourhood shopping centres and flagship destinations. Vicinity Centres is also associated with Chadstone, a prominent shopping and lifestyle centre in Melbourne that it co-owns and manages.
Vicinity Centres was created in 2015 through the merger of Federation Centres and Novion Property Group.
Further Reading
- Five stocks we like better than Vicinity Centres
- CarMax Just Gave Investors a Better Reason to Believe in the Turnaround
- CoreWeave Comes With Risks: Analysts Split on What Matters Most
- Bottlenecking the Future: TSMC Prices Out the Competition
- Fervo Energy Hits Geothermal Milestone: Will It Matter For The Stock?
Receive News & Ratings for Vicinity Centres Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vicinity Centres and related companies with MarketBeat.com's FREE daily email newsletter.
