Maxus Realty Trust Inc. (OTCMKTS:MRTI) Sees Significant Decline in Short Interest

Maxus Realty Trust Inc. (OTCMKTS:MRTI) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 63 shares, a drop of 66.8% from the November 30th total of 190 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,518 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 1,518 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Maxus Realty Trust Stock Performance

Shares of MRTI stock remained flat at $75.00 during mid-day trading on Friday. The company has a market capitalization of $89.25 million, a PE ratio of 61.98 and a beta of 0.13. The firm has a 50-day moving average price of $64.66 and a 200-day moving average price of $59.88. Maxus Realty Trust has a 12-month low of $54.00 and a 12-month high of $84.97.

Maxus Realty Trust (OTCMKTS:MRTI) last posted its quarterly earnings data on Friday, November 14th. The company reported $0.99 EPS for the quarter. The business had revenue of $17.60 million during the quarter.

About Maxus Realty Trust

Maxus Realty Trust, Inc (the Trust), is structured as what is commonly referred to as an umbrella partnership REIT, or UPREIT, structure. To effect the UPREIT restructuring, the Trust formed Maxus Operating Limited Partnership, a Delaware limited partnership (“MOLP”), to which the Trust contributed all of its assets, in exchange for a 99.999% partnership interest in MOLP and the assumption by MOLP of all of the Trust’s liabilities.