MCAN Mortgage Co. (OTCMKTS:MAMTF) Short Interest Up 36.6% in March

MCAN Mortgage Co. (OTCMKTS:MAMTF) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 41,400 shares, a growth of 36.6% from the February 28th total of 30,300 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is currently 12.9 days.

MCAN Mortgage Stock Performance

MAMTF stock remained flat at C$13.00 during midday trading on Monday. The company’s fifty day simple moving average is C$12.87 and its 200 day simple moving average is C$13.29. MCAN Mortgage has a 12 month low of C$11.13 and a 12 month high of C$13.97.

MCAN Mortgage Company Profile

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the real estate lending and investing activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of real estate investments trusts and private investment activities.