Mainstreet Equity Corp. (OTCMKTS:MEQYF) Sees Large Drop in Short Interest

Mainstreet Equity Corp. (OTCMKTS:MEQYF) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,400 shares, a drop of 26.3% from the December 31st total of 1,900 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 4.7 days.

Mainstreet Equity Stock Performance

Shares of OTCMKTS:MEQYF opened at $140.66 on Friday. Mainstreet Equity has a 12 month low of $123.20 and a 12 month high of $148.68. The company’s fifty day simple moving average is $142.42 and its 200 day simple moving average is $140.96.

Mainstreet Equity Company Profile

Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties in British Columbia, Calgary, Edmonton, Saskatoon, Regina, and Winnipeg.