H&R Real Estate Investment Trust (OTCMKTS:HRUFF – Get Rating) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 344,500 shares, a decrease of 10.6% from the August 15th total of 385,400 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is currently 172.3 days.

Analyst Upgrades and Downgrades

HRUFF has been the subject of several analyst reports. Royal Bank of Canada upped their target price on H&R Real Estate Investment Trust from C$15.00 to C$15.75 in a report on Monday, August 15th. Scotiabank upped their target price on H&R Real Estate Investment Trust from C$16.50 to C$17.00 in a report on Tuesday, August 16th. Finally, National Bank Financial upped their target price on H&R Real Estate Investment Trust from C$15.25 to C$16.50 in a report on Monday, August 15th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $17.46.

H&R Real Estate Investment Trust Price Performance

OTCMKTS:HRUFF opened at $9.11 on Monday. H&R Real Estate Investment Trust has a 1-year low of $9.07 and a 1-year high of $13.88. The business's fifty day moving average price is $10.04 and its 200 day moving average price is $10.12.

H&R Real Estate Investment Trust Company Profile

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $13.3 billion at September 30, 2020. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 40 million square feet.

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