Mirvac Group (OTCMKTS:MRVGF – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,989,096 shares, an increase of 346.1% from the August 31st total of 445,925 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Mirvac Group Price Performance
Shares of MRVGF stock opened at $1.11 on Friday. Mirvac Group has a one year low of $1.03 and a one year high of $1.72. The company’s 50-day moving average is $1.11 and its 200 day moving average is $1.15.
About Mirvac Group
Mirvac Group is an Australian property group involved in property development, investment and funds management. The company develops and manages residential communities, apartments and mixed-use projects, as well as commercial properties such as office, retail and industrial assets.
Founded in 1972, Mirvac has built a portfolio of investment properties and development projects across Australia. Its activities span major Australian cities and include urban renewal, land development, commercial buildings, shopping centres and residential communities.
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