True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Short Interest Down 21.2% in January

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 56,900 shares, a decrease of 21.2% from the January 15th total of 72,200 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 81.3 days.

True North Commercial Real Estate Investment Trust Stock Performance

Shares of True North Commercial Real Estate Investment Trust stock opened at $6.24 on Friday. True North Commercial Real Estate Investment Trust has a 12-month low of $6.05 and a 12-month high of $9.72. The firm’s 50 day simple moving average is $7.03 and its two-hundred day simple moving average is $7.78.

True North Commercial Real Estate Investment Trust Company Profile

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 44 commercial properties consisting of approximately 4.8 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit rated tenants.