6.2% increase in Ares Commercial Real Estate Co. short interest in April, totaling 1,880,000 shares.
Ares Commercial Real Estate Co. (NYSE:ACRE) experienced a 6.2% increase in short interest during April, totaling 1,880,000 shares by the 15th, up from 1,770,000 shares on March 31st. The short-interest ratio is currently 2.4 days based on an average daily volume of 769,300 shares. The company is scheduled to release earnings before the market opens on May 9th, with analysts expecting earnings of ($0.30) per share.
May 02, 2024
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