Morguard Real Estate Investment Trust (OTCMKTS:MGRUF – Get Free Report) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 5,071 shares, an increase of 299.0% from the June 15th total of 1,271 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Morguard Real Estate Investment Trust Stock Performance
Shares of MGRUF stock remained flat at $4.60 on Friday. Morguard Real Estate Investment Trust has a 1 year low of $3.83 and a 1 year high of $4.97. The firm has a 50-day moving average price of $4.61 and a 200 day moving average price of $4.65.
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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