Short Interest in Mainstreet Equity Corp. (OTCMKTS:MEQYF) Declines By 24.0%

Mainstreet Equity Corp. (OTCMKTS:MEQYFGet Free Report) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 1,900 shares, a decrease of 24.0% from the February 13th total of 2,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 19.0 days.

Mainstreet Equity Price Performance

MEQYF stock remained flat at $136.85 during mid-day trading on Monday. Mainstreet Equity has a 52-week low of $123.20 and a 52-week high of $148.68. The business has a fifty day simple moving average of $140.26 and a 200-day simple moving average of $143.08.

About Mainstreet Equity

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Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties in British Columbia, Calgary, Edmonton, Saskatoon, Regina, and Winnipeg.

Further Reading

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