Mirvac Group (OTCMKTS:MRVGF) Short Interest Down 36.7% in June

Mirvac Group (OTCMKTS:MRVGFGet Free Report) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 272,247 shares, a decrease of 36.7% from the June 15th total of 430,113 shares. Based on an average daily trading volume, of 1,652 shares, the days-to-cover ratio is presently 164.8 days.

Mirvac Group Price Performance

Shares of Mirvac Group stock remained flat at $1.11 on Friday. The firm’s 50-day moving average price is $1.13 and its 200 day moving average price is $1.24. Mirvac Group has a fifty-two week low of $1.03 and a fifty-two week high of $1.72.

Mirvac Group Company Profile

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Mirvac Group (OTCMKTS: MRVGF) is a leading Australian property group engaged in the development, ownership and management of residential, retail, office and industrial assets. The company’s core activities encompass end-to-end property development, property investment and funds management, with a focus on creating long-term value through design excellence and sustainable practices. Mirvac’s vertically integrated business model spans project inception, construction and ongoing asset management.

In its residential division, Mirvac develops a diverse portfolio of apartments, townhouses and master-planned communities, particularly across Australia’s major population centres such as Sydney, Melbourne, Brisbane and Perth.

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