Morguard Real Estate Investment Trust (OTCMKTS:MGRUF – Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 17,787 shares, a drop of 43.4% from the May 14th total of 31,453 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Morguard Real Estate Investment Trust Stock Performance
Shares of Morguard Real Estate Investment Trust stock remained flat at $4.63 during trading on Tuesday. The stock’s 50-day moving average is $4.63 and its 200-day moving average is $4.61. Morguard Real Estate Investment Trust has a 52-week low of $3.83 and a 52-week high of $4.97.
Morguard Real Estate Investment Trust Company Profile
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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