Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Sees Significant Decrease in Short Interest

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

Morguard Real Estate Investment Trust Price Performance

MGRUF stock remained flat at $4.60 during midday trading on Friday. The firm’s fifty day moving average is $4.62 and its two-hundred day 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.

About Morguard Real Estate Investment Trust

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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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