Quick Curiosity in InterRent Actual Property Funding Belief (OTCMKTS:IIPZF) Will increase By 181.1%

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InterRent Real Estate Investment Trust (OTCMKTS:IIPZFGet Rating) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 507,400 shares, a growth of 181.1% from the January 31st total of 180,500 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 2,537.0 days.

Wall Street Analyst Weigh In

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Several research analysts have issued reports on IIPZF shares. Royal Bank of Canada cut their price target on InterRent Real Estate Investment Trust from C$18.00 to C$16.50 in a report on Monday, November 14th. BMO Capital Markets decreased their price target on shares of InterRent Real Estate Investment Trust from C$15.00 to C$14.50 in a research note on Monday, November 14th. Scotiabank lowered their price objective on shares of InterRent Real Estate Investment Trust from C$16.50 to C$15.50 in a report on Friday, November 4th. Raymond James upgraded shares of InterRent Real Estate Investment Trust from an “outperform” rating to a “strong-buy” rating in a report on Wednesday, December 7th. Finally, National Bank Financial boosted their target price on shares of InterRent Real Estate Investment Trust from C$14.00 to C$15.75 in a research report on Monday, January 30th.

InterRent Real Estate Investment Trust Trading Down 0.2 %

OTCMKTS:IIPZF opened at $10.95 on Wednesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.35 and a quick ratio of 0.35. The firm has a 50-day moving average of $10.06 and a 200-day moving average of $9.43. The company has a market cap of $1.55 billion, a PE ratio of 6.56 and a beta of 0.65. InterRent Real Estate Investment Trust has a one year low of $8.06 and a one year high of $13.05.

About InterRent Real Estate Investment Trust

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InterRent Real Estate Investment Trust engages in the acquisition and ownership of properties. It focuses on investment in residential multi-family producing properties and possession of additional and accretive properties. The company was founded on October 10, 2006 and is headquartered in Ottawa, Canada.

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