Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF – Get Free Report) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 500 shares, a decrease of 50.0% from the February 13th total of 1,000 shares. Based on an average daily volume of 18,100 shares, the short-interest ratio is presently 0.0 days.
Wall Street Analyst Weigh In
Separately, TD Securities initiated coverage on shares of Flagship Communities Real Estate Investment Trust in a research note on Friday, March 7th. They set a “buy” rating for the company.
Check Out Our Latest Analysis on MHCUF
Flagship Communities Real Estate Investment Trust Price Performance
Flagship Communities Real Estate Investment Trust Dividend Announcement
The company also recently disclosed a dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be given a dividend of $0.0517 per share. The ex-dividend date is Friday, February 28th.
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.
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