True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Sees Significant Drop in Short Interest

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 74,700 shares, a drop of 16.0% from the December 31st total of 88,900 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 249.0 days.

True North Commercial Real Estate Investment Trust Price Performance

OTCMKTS TUERF remained flat at $6.27 during mid-day trading on Friday. 1,235 shares of the company were exchanged, compared to its average volume of 3,322. The business’s 50-day moving average price is $7.41 and its two-hundred day moving average price is $7.78. True North Commercial Real Estate Investment Trust has a 52 week low of $4.13 and a 52 week high of $9.72.

True North Commercial Real Estate Investment Trust Company Profile

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 44 commercial properties consisting of approximately 4.8 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit rated tenants.