Morguard Real Estate Investment Trust (OTCMKTS:MGRUF – Get Free Report) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 17,787 shares, a decline of 43.4% from the May 14th total of 31,453 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
Morguard Real Estate Investment Trust Price Performance
OTCMKTS MGRUF opened at $4.63 on Friday. The company’s fifty day simple moving average is $4.63 and its 200-day simple moving average is $4.60. Morguard Real Estate Investment Trust has a 52 week low of $3.83 and a 52 week high of $4.97.
About Morguard Real Estate Investment Trust
Morguard Real Estate Investment Trust is an open-ended, unincorporated real estate investment trust organized under Canadian law. It acquires, owns and manages a diversified portfolio of income-producing properties across major markets in Canada. The trust is sponsored and managed by Morguard Asset Management Limited, drawing on the broader Morguard organization’s expertise in property management, development and leasing services.
The trust’s portfolio encompasses four primary property types: retail, office, industrial and multi-residential.
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