The Necessity Retail REIT, Inc. (NASDAQ:RTLPP – Get Rating) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 6,200 shares, a decrease of 74.1% from the January 31st total of 23,900 shares. Based on an average daily volume of 12,700 shares, the days-to-cover ratio is presently 0.5 days.
Necessity Retail REIT Stock Down 2.7 %
Shares of RTLPP stock traded down $0.61 during mid-day trading on Tuesday, reaching $21.70. The stock had a trading volume of 25,075 shares, compared to its average volume of 12,069. Necessity Retail REIT has a 12-month low of $18.70 and a 12-month high of $26.27. The firm's 50-day moving average is $22.41.
Get Necessity Retail REIT alerts:Necessity Retail REIT Dividend Announcement
The business also recently disclosed a dividend, which was paid on Tuesday, January 17th. Investors of record on Friday, January 6th were paid a dividend of $0.4688 per share. This represents a dividend yield of 9.29%. The ex-dividend date was Thursday, January 5th.
Necessity Retail REIT Company Profile
(Get Rating)
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 .
Further Reading
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