InterRent Real Estate Investment Trust T.IIP.UN

Alternate Symbol(s): IIPZF

InterRent Real Estate Investment Trust is a real estate investment trust. It is engaged in acquisition, ownership, management and repositioning of strategically located, income-producing, multi-residential properties. Its primary objectives are to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; to provide Unitholders with sustainable and growing cash distributions, payable monthly, and to maintain a conservative payout ratio and balance sheet. The Company's portfolio of properties is located across various locations, such as Ajax, Brossard, Gatineau, Hamilton, Mississauga, Montreal, Oakville, Ottawa, St. Catharines, Stratford, Toronto, Trenton, and Vancouver. Its properties include 10 - 14 REID DRIVE, 100 MAIN STREET, 1015 ORCHARD, 1170 FENNELL AVENUE, 1276 DORCHESTER AVENUE, and 15 DON STREET. It also owns a 605-suite apartment community at 2 & 4 Hanover Road in Brampton, Ontario.

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InterRent Real Estate Investment Trust > Potential for Short Squeeze?

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Comment by Str8Shuteron May 03, 2021 12:51pm

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Post# 33114755

RE:Potential for Short Squeeze?

Correction: I probably should have said "short activity", rather than "short position", since they could be markedly different. :-) Nevertheless, I think that where there is smoke there is often fire or the potential for it.

Str8Shuter wrote: I may not be an expert, but the TA looks pretty good for IIP right now, especially when noting the huge short position as of 5/1/21, at 32.76%. The SP for this REIT should really "pop" if the 1Q2021 report is positive when released on 5/11/21, IMHO.

IIROC Short Sale Trading Stats: https://www.iiroc.ca/news/Pages/Short-Sale.aspx

GLTA!