Short Interest in True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Declines By 90.7%

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 3,600 shares, a drop of 90.7% from the February 13th total of 38,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 36.0 days.

True North Commercial Real Estate Investment Trust Stock Performance

Shares of TUERF opened at $5.59 on Thursday. The stock has a 50 day moving average of $6.40 and a 200-day moving average of $7.72. True North Commercial Real Estate Investment Trust has a 52 week low of $5.59 and a 52 week high of $9.72.

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.