Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Short Interest Down 43.4% in May

Morguard Real Estate Investment Trust (OTCMKTS:MGRUFGet Free Report) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 17,787 shares, a decline of 43.4% from the May 14th total of 31,453 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Morguard Real Estate Investment Trust Stock Performance

Shares of OTCMKTS MGRUF remained flat at $4.63 on Monday. Morguard Real Estate Investment Trust has a 12-month low of $3.83 and a 12-month high of $4.97. The business has a fifty day moving average price of $4.63 and a two-hundred day moving average price of $4.61.

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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