Maxus Realty Trust Inc. (OTCMKTS:MRTI) Sees Significant Decrease in Short Interest

Maxus Realty Trust Inc. (OTCMKTS:MRTI) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 1 shares, a decrease of 98.0% from the August 15th total of 51 shares. Based on an average trading volume of 465 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Maxus Realty Trust Price Performance

Shares of MRTI traded up $1.90 during trading hours on Thursday, hitting $77.00. The stock had a trading volume of 630 shares, compared to its average volume of 196. The stock has a market capitalization of $91.63 million, a price-to-earnings ratio of 10.52 and a beta of 0.01. The company’s fifty day moving average is $75.97 and its two-hundred day moving average is $76.52. Maxus Realty Trust has a 52 week low of $56.25 and a 52 week high of $103.99.

Maxus Realty Trust (OTCMKTS:MRTI) last announced its quarterly earnings results on Friday, August 14th. The company reported $1.31 earnings per share (EPS) for the quarter. The firm had revenue of $18.82 million for the quarter.

About Maxus Realty Trust

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.