Short Interest in True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Drops By 60.2%

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,755 shares, a decrease of 60.2% from the April 15th total of 9,443 shares. Based on an average trading volume of 14 shares, the days-to-cover ratio is currently 268.2 days.

True North Commercial Real Estate Investment Trust Stock Down 3.4%

Shares of TUERF opened at $6.04 on Thursday. True North Commercial Real Estate Investment Trust has a twelve month low of $5.56 and a twelve month high of $7.09. The company has a 50 day moving average of $6.24 and a 200-day moving average of $6.33.

True North Commercial Real Estate Investment Trust Company Profile

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) is a Canadian real estate investment trust that acquires, owns and manages income-producing commercial properties. Based in Calgary, Alberta, the trust’s portfolio is diversified across grocery-anchored retail centers, industrial warehouses, office buildings and big-box retail facilities. True North structures long-term lease agreements with both investment-grade tenants and established local operators, seeking to deliver stable rental income and preserve capital value.

Since its initial public offering, True North has expanded its holdings through a series of targeted acquisitions in key provincial markets.