Short Interest in Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Drops By 42.1%

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 932 shares, a decrease of 42.1% from the November 30th total of 1,609 shares. Based on an average daily trading volume, of 2,701 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 2,701 shares, the short-interest ratio is presently 0.3 days.

Flagship Communities Real Estate Investment Trust Price Performance

Shares of OTCMKTS:MHCUF remained flat at $19.44 on Tuesday. The business’s fifty day simple moving average is $18.37 and its 200 day simple moving average is $18.41. Flagship Communities Real Estate Investment Trust has a twelve month low of $14.00 and a twelve month high of $20.00.

Wall Street Analysts Forecast Growth

Separately, TD Securities reaffirmed a “buy” rating on shares of Flagship Communities Real Estate Investment Trust in a report on Friday, November 14th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Flagship Communities Real Estate Investment Trust has a consensus rating of “Buy”.

About Flagship Communities Real Estate Investment Trust

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) is a Canada-based real estate investment trust focused on owning, operating and acquiring manufactured housing communities, single-family rental communities and recreational vehicle (RV) communities. The trust is structured to provide investors with regular distributions derived from stable, rent-based cash flows and value-enhancing community operations.

Flagship Communities REIT’s portfolio consists of income-producing residential and leisure-oriented properties.