Cim Commercial Trust Corporation (NASDAQ:CMCT) Stock Is Shorted More

The stock of Cim Commercial Trust Corporation (NASDAQ:CMCT) registered an increase of 155.56% in short interest. CMCT’s total short interest was 16,100 shares in June as published by FINRA. Its up 155.56% from 6,300 shares, reported previously. With 4,800 shares average volume, it will take short sellers 3 days to cover their CMCT’s short positions. The short interest to Cim Commercial Trust Corporation’s float is 0.81%.

It closed at $20.5 lastly. It is up 30.13% since June 13, 2018 and is uptrending. It has outperformed by 25.70% the S&P500.

CIM Commercial Trust Corporation is a publicly owned real estate investment trust. The company has market cap of $898.02 million. The firm invests in the real estate markets of United States. It has a 3.28 P/E ratio. It also engages in lending activities.

More notable recent CIM Commercial Trust Corporation (NASDAQ:CMCT) news were published by: Finance.Yahoo.com which released: “CIM Commercial Trust Declares Common and Series A Preferred Stock Dividends – Yahoo Finance” on June 04, 2019, also Businesswire.com with their article: “CIM Commercial Trust Corporation Announces the Results of the Tender Process for Series L Preferred Stock in Israel – Business Wire” published on November 20, 2017, Seekingalpha.com published: “The State Of REITs: August 2018 Edition – Seeking Alpha” on August 13, 2018. More interesting news about CIM Commercial Trust Corporation (NASDAQ:CMCT) were released by: Businesswire.com and their article: “CIM Commercial Trust Announces Tender Offer to Purchase up to $210 Million of Common Stock – Business Wire” published on May 16, 2016 as well as Benzinga.com‘s news article titled: “Mid-Morning Market Update: Markets Open Lower; Big Lots Earnings Top Estimates – Benzinga” with publication date: March 08, 2019.

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