True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Short Interest Down 16.0% in December

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

True North Commercial Real Estate Investment Trust Stock Performance

TUERF remained flat at $6.83 during mid-day trading on Thursday. 100 shares of the company’s stock traded hands, compared to its average volume of 4,067. True North Commercial Real Estate Investment Trust has a 12 month low of $4.13 and a 12 month high of $9.72. The business’s fifty day simple moving average is $7.90 and its two-hundred day simple moving average is $7.75.

About True North Commercial Real Estate Investment Trust

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.