Mackenzie Realty Capital, Inc. (NASDAQ:MKZR) Stock Short Interest Report for October

Mackenzie Realty Capital, Inc. (NASDAQ:MKZR) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 7,931 shares, a decline of 37.4% from the September 30th total of 12,666 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 16,172 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Mackenzie Realty Capital from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Mackenzie Realty Capital Trading Up 5.3%

Shares of Mackenzie Realty Capital stock traded up $0.06 on Monday, hitting $1.08. 2,551 shares of the company’s stock traded hands, compared to its average volume of 34,550. The stock has a market capitalization of $3.01 million, a PE ratio of -0.11 and a beta of -0.37. The firm’s 50-day moving average price is $1.35 and its two-hundred day moving average price is $2.48. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.08 and a quick ratio of 0.08. Mackenzie Realty Capital has a one year low of $0.83 and a one year high of $5.60.

Insider Transactions at Mackenzie Realty Capital

In other Mackenzie Realty Capital news, Treasurer Glen W. Fuller acquired 23,400 shares of Mackenzie Realty Capital stock in a transaction dated Monday, August 10th. The stock was bought at an average price of $1.60 per share, for a total transaction of $37,440.00. Following the transaction, the treasurer owned 100,000 shares in the company, valued at approximately $160,000. This trade represents a 30.55% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Robert E. Dixon bought 23,400 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was purchased at an average cost of $1.60 per share, for a total transaction of $37,440.00. Following the completion of the transaction, the chief executive officer owned 100,000 shares of the company’s stock, valued at $160,000. This represents a 30.55% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 100,200 shares of company stock worth $160,020. Insiders own 9.00% of the company’s stock.

Hedge Funds Weigh In On Mackenzie Realty Capital

An institutional investor recently bought a new stake in Mackenzie Realty Capital stock. NFSG Corp bought a new position in shares of Mackenzie Realty Capital, Inc. (NASDAQ:MKZR) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 23,609 shares of the company’s stock, valued at approximately $31,000. NFSG Corp owned about 0.85% of Mackenzie Realty Capital as of its most recent filing with the Securities and Exchange Commission.

Mackenzie Realty Capital Company Profile