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The Necessity Retail REIT, Inc. (NASDAQ:RTLPP) Short Interest Update

Defense World ·  Jan 22, 2023 03:21

The Necessity Retail REIT, Inc. (NASDAQ:RTLPP – Get Rating) was the recipient of a large increase in short interest in the month of December. As of December 30th, there was short interest totalling 4,900 shares, an increase of 25.6% from the December 15th total of 3,900 shares. Based on an average trading volume of 15,700 shares, the days-to-cover ratio is presently 0.3 days.

Necessity Retail REIT Price Performance

NASDAQ:RTLPP opened at $22.10 on Friday. Necessity Retail REIT has a fifty-two week low of $18.70 and a fifty-two week high of $27.21.

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Necessity Retail REIT Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 17th. Investors of record on Friday, January 6th were given a dividend of $0.4688 per share. The ex-dividend date of this dividend was Thursday, January 5th. This represents a dividend yield of 9.29%.

Necessity Retail REIT Company Profile

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The Necessity Retail REIT (Nasdaq: RTL) is a publicly traded real estate investment trust listed on Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S. Additional information about RTL can be found on its website at .

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