Short Interest in Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Declines By 92.9%

Morguard Real Estate Investment Trust (OTCMKTS:MGRUFGet Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,271 shares, a drop of 92.9% from the May 31st total of 17,787 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Morguard Real Estate Investment Trust Stock Performance

Shares of MGRUF remained flat at $4.60 on Thursday. The stock’s 50 day simple moving average is $4.62 and its 200-day simple moving average is $4.63. 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

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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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