CIBC Restates Neutral Rating on Canadian Net R E Invt Uts Shares
1 report, 1 independent
Updated Sun 00:00
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What happened
Canadian Imperial Bank of Commerce restated a neutral rating on shares of Canadian Net R E Invt Uts. The company recently announced a monthly dividend of C$0.03 per share, with the ex-dividend date set for Tuesday, December 15th. Separately, short interest in Canadian Net R E Invt Uts grew significantly in September, totaling 115 shares as of September 15th, up from 39 shares on August 31st.
From dailypolitical.com
Why it matters
The rating restatement and the announcement of a monthly dividend provide information relevant to investor sentiment regarding Canadian Net R E Invt Uts. The increase in short interest suggests differing market views on the company's valuation.
From dailypolitical.com
Who's involved
- Canadian Imperial Bank of CommerceIssued a neutral rating on the shares of Canadian Net R E Invt Uts
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The entities involved
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Canadian Imperial Bank of Commerce
Canadian banking institution
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