Mirvac Group (OTCMKTS:MRVGF) Sees Significant Decrease in Short Interest

Mirvac Group (OTCMKTS:MRVGF) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 3,671,300 shares, a decrease of 15.7% from the December 31st total of 4,356,100 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 12,237.7 days.

Mirvac Group Price Performance

Shares of Mirvac Group stock remained flat at $1.23 on Friday. Mirvac Group has a 12 month low of $1.13 and a 12 month high of $1.62. The company’s fifty day moving average is $1.31 and its two-hundred day moving average is $1.32.

About Mirvac Group

Founded in 1972, Mirvac is an Australian Securities Exchange (ASX) top 50 company with an integrated asset creation and curation capability. For more than 50 years, we've dedicated ourselves to creating extraordinary urban places and experiences. We have over $35 billion of assets under management, together with a $12 billion commercial and mixed use development pipeline, and a $17 billion residential development pipeline, enabling us to deliver innovative and high-quality property for our customers, while driving long-term value for our securityholders.