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 January. As of January 15th, there was short interest totaling 1,132 shares, a growth of 43.1% from the December 31st total of 791 shares. Based on an average daily trading volume, of 314 shares, the short-interest ratio is presently 3.6 days. Based on an average daily trading volume, of 314 shares, the short-interest ratio is presently 3.6 days.
Flagship Communities Real Estate Investment Trust Stock Performance
Flagship Communities Real Estate Investment Trust stock opened at $19.92 on Friday. Flagship Communities Real Estate Investment Trust has a twelve month low of $14.00 and a twelve month high of $20.50. The stock’s 50 day moving average is $19.16 and its 200 day moving average is $18.72.
Wall Street Analysts Forecast Growth
MHCUF has been the subject of a number of recent research reports. TD Securities restated a “buy” rating on shares of Flagship Communities Real Estate Investment Trust in a research report on Friday, November 14th. Scotiabank reissued an “outperform” rating and issued a $24.00 price target on shares of Flagship Communities Real Estate Investment Trust in a report on Friday, January 16th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Flagship Communities Real Estate Investment Trust currently has an average rating of “Buy” and a consensus price target of $24.00.
About Flagship Communities Real Estate Investment Trust
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.
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