Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Short Interest Down 30.0% in September

Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 1,400 shares, a drop of 30.0% from the September 15th total of 2,000 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is presently 0.8 days.

Morguard Real Estate Investment Trust Stock Performance

MGRUF stock remained flat at $4.19 during trading on Friday. The firm’s 50 day moving average price is $4.00 and its two-hundred day moving average price is $3.94. Morguard Real Estate Investment Trust has a one year low of $3.75 and a one year high of $4.28.

Morguard Real Estate Investment Trust Company Profile

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.