Morguard Real Estate Investment Trust (OTCMKTS:MGRUF – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,271 shares, a decrease of 92.9% from the May 31st total of 17,787 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
Morguard Real Estate Investment Trust Stock Performance
MGRUF remained flat at $4.60 during midday trading on Thursday. The company’s fifty day simple moving average is $4.62 and its two-hundred day simple moving average is $4.63. Morguard Real Estate Investment Trust has a 12-month low of $3.83 and a 12-month 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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