Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Short Interest Up 175.5% in July

Morguard Real Estate Investment Trust (OTCMKTS:MGRUFGet Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 13,971 shares, a growth of 175.5% from the June 30th total of 5,071 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Morguard Real Estate Investment Trust Stock Performance

MGRUF stock remained flat at $5.17 on Monday. The business’s 50 day moving average price is $4.69 and its two-hundred day moving average price is $4.68. Morguard Real Estate Investment Trust has a twelve month low of $3.83 and a twelve month high of $5.17.

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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