Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Short Interest Up 14,784.6% in June

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF – Get Free Report) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 3,870 shares, a growth of 14,784.6% from the May 31st total of 26 shares. Based on an average daily volume of 10,047 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Separately, TD Securities restated a “buy” rating and issued a $25.00 price objective on shares of Flagship Communities Real Estate Investment Trust in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $24.50.

Get Flagship Communities Real Estate Investment Trust alerts:

View Our Latest Report on MHCUF

Flagship Communities Real Estate Investment Trust Stock Performance

Flagship Communities Real Estate Investment Trust stock opened at $20.59 on Friday. Flagship Communities Real Estate Investment Trust has a 1 year low of $17.43 and a 1 year high of $20.96. The firm’s 50 day moving average price is $19.63 and its 200-day moving average price is $19.57.

Flagship Communities Real Estate Investment Trust Company Profile

(Get Free Report)

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) is a Canada-based real estate investment trust focused on owning, operating and acquiring manufactured housing communities, single-family rental communities and recreational vehicle (RV) communities. The trust is structured to provide investors with regular distributions derived from stable, rent-based cash flows and value-enhancing community operations.

Flagship Communities REIT’s portfolio consists of income-producing residential and leisure-oriented properties.

Featured Articles

• Five stocks we like better than Flagship Communities Real Estate Investment Trust
• MDA Space Targets US Defense Market With $620M Acquisition
• Carnival’s Second Quarter: Is the Stock Still Complicated?
• Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
• Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal

Receive News & Ratings for Flagship Communities Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flagship Communities Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.