Short Interest in Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Increases By 25.9%

Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 3,400 shares, an increase of 25.9% from the November 30th total of 2,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 34.0 days.

Morguard Real Estate Investment Trust Price Performance

OTCMKTS MGRUF traded down $0.14 during trading hours on Tuesday, hitting $3.81. The company had a trading volume of 300 shares, compared to its average volume of 981. The business has a fifty day simple moving average of $4.04 and a 200-day simple moving average of $3.99. Morguard Real Estate Investment Trust has a fifty-two week low of $3.81 and a fifty-two week high of $4.28.

About Morguard Real Estate Investment Trust

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.