Short Interest in Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Drops By 55.9%

Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 1,500 shares, a decrease of 55.9% from the December 15th total of 3,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 15.0 days.

Morguard Real Estate Investment Trust Price Performance

OTCMKTS:MGRUF remained flat at $3.81 on Thursday. Morguard Real Estate Investment Trust has a 1 year low of $3.81 and a 1 year high of $4.28. The firm’s fifty day moving average is $3.94 and its 200-day moving average is $3.98.

Morguard Real Estate Investment Trust Company Profile

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.