Maxus Realty Trust Inc. (OTCMKTS:MRTI) Sees Significant Growth in Short Interest

Maxus Realty Trust Inc. (OTCMKTS:MRTI) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 51 shares, a growth of 5,000.0% from the July 15th total of 1 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 27 shares, the days-to-cover ratio is presently 1.9 days.

Maxus Realty Trust Price Performance

Shares of Maxus Realty Trust stock remained flat at $75.00 during midday trading on Tuesday. The stock has a 50 day simple moving average of $77.39 and a 200 day simple moving average of $77.61. Maxus Realty Trust has a 52 week low of $54.70 and a 52 week high of $103.99. The company has a market capitalization of $89.25 million, a P/E ratio of 13.00 and a beta of 0.02.

Maxus Realty Trust (OTCMKTS:MRTI) last released its earnings results on Thursday, May 14th. The company reported $1.99 earnings per share for the quarter. The firm had revenue of $18.60 million for the quarter.

Maxus Realty Trust Company Profile

Maxus Realty Trust, Inc (the Trust), is structured as what is commonly referred to as an umbrella partnership REIT, or UPREIT, structure. To effect the UPREIT restructuring, the Trust formed Maxus Operating Limited Partnership, a Delaware limited partnership (“MOLP”), to which the Trust contributed all of its assets, in exchange for a 99.999% partnership interest in MOLP and the assumption by MOLP of all of the Trust’s liabilities.