Short Interest in Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Rises By 299.0%

by · The Cerbat Gem

Morguard Real Estate Investment Trust (OTCMKTS:MGRUF – Get Free Report) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 5,071 shares, a growth 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 Price Performance

Morguard Real Estate Investment Trust stock remained flat at $4.60 during mid-day trading on Tuesday. Morguard Real Estate Investment Trust has a one year low of $3.83 and a one year high of $4.97. The stock’s fifty day moving average price is $4.61 and its 200 day moving average price is $4.65.

About Morguard Real Estate Investment Trust

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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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