Short Interest in MCAN Mortgage Co. (OTCMKTS:MAMTF) Grows By 124.3%

MCAN Mortgage Co. (OTCMKTS:MAMTF) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 31,400 shares, a growth of 124.3% from the May 15th total of 14,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 314.0 days.

MCAN Mortgage Price Performance

MAMTF stock traded up C$0.28 on Friday, hitting C$11.95. MCAN Mortgage has a 12 month low of C$10.92 and a 12 month high of C$12.50. The stock’s 50 day simple moving average is C$11.59 and its 200-day simple moving average is C$11.76.

About MCAN Mortgage

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the real estate lending and investing activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of real estate investments trusts and private investment activities.