Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF – Get Rating) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 86,400 shares, a drop of 27.2% from the January 15th total of 118,600 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 864.0 days.
Automotive Properties Real Estate Investment Trust Stock Performance
Wall Street Analyst Weigh In
A number of equities research analysts have commented on APPTF shares. Scotiabank cut Automotive Properties Real Estate Investment Trust from an "outperform" rating to a "sector perform" rating in a report on Monday, November 21st. National Bank Financial decreased their price target on Automotive Properties Real Estate Investment Trust from C$13.00 to C$12.50 in a report on Monday, January 30th.
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