Short Interest in Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Rises By 60.0%

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 800 shares, an increase of 60.0% from the June 30th total of 500 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is presently 0.8 days.

Flagship Communities Real Estate Investment Trust Price Performance

Shares of MHCUF opened at $14.33 on Monday. The business’s 50 day moving average is $14.32 and its 200 day moving average is $15.37. Flagship Communities Real Estate Investment Trust has a 12-month low of $13.13 and a 12-month high of $17.26.

Flagship Communities Real Estate Investment Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be paid a dividend of $0.0492 per share. This represents a $0.59 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date is Wednesday, July 31st.

About Flagship Communities Real Estate Investment Trust

Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.