Maxus Realty Trust, Inc. (OTCMKTS:MRTI) Short Interest Up 800.0% in October

by · The Cerbat Gem

Maxus Realty Trust, Inc. (OTCMKTS:MRTI – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 900 shares, an increase of 800.0% from the September 30th total of 100 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 3.0 days.

Maxus Realty Trust Stock Performance

Shares of MRTI remained flat at $70.00 during midday trading on Friday. Maxus Realty Trust has a 1-year low of $57.00 and a 1-year high of $115.00. The firm has a 50-day moving average of $66.44 and a 200-day moving average of $68.66.

Maxus Realty Trust Company Profile

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Maxus Realty Trust, Inc (the Trust), is structured as what is commonly referred to as an umbrella partnership REIT, or UPREIT, structure. To effect the UPREIT restructuring, the Trust formed Maxus Operating Limited Partnership, a Delaware limited partnership (“MOLP”), to which the Trust contributed all of its assets, in exchange for a 99.999% partnership interest in MOLP and the assumption by MOLP of all of the Trust’s liabilities.

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