True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Sees Significant Decrease in Short Interest

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 38,700 shares, a decline of 32.0% from the January 31st total of 56,900 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 77.4 days.

True North Commercial Real Estate Investment Trust Price Performance

TUERF stock opened at $6.03 on Monday. The company has a 50-day simple moving average of $6.66 and a 200 day simple moving average of $7.77. True North Commercial Real Estate Investment Trust has a fifty-two week low of $6.03 and a fifty-two week high of $9.72.

True North Commercial Real Estate Investment Trust Company Profile

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.