Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Shares Shorted: Short Interest Up 1,039.8% in October

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 2,405 shares, a growth of 1,039.8% from the October 15th total of 211 shares. Based on an average daily volume of 3,258 shares, the days-to-cover ratio is currently 0.7 days.

Flagship Communities Real Estate Investment Trust Stock Performance

Shares of OTCMKTS:MHCUF remained flat at $21.80 during mid-day trading on Wednesday. 1,300 shares of the company were exchanged, compared to its average volume of 2,874. The company has a 50-day moving average price of $21.17 and a 200-day moving average price of $20.47. Flagship Communities Real Estate Investment Trust has a 1 year low of $17.75 and a 1 year high of $23.00.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities Real Estate Investment Trust is a Canadian real estate investment trust focused on owning and operating manufactured housing communities in the United States. Its communities are located primarily in the Midwest and Southeast. The REIT provides sites for manufactured homes, along with community infrastructure and services that support residents. In this land-lease model, residents generally own their homes and pay rent for the lots on which the homes are situated. Flagship Communities was established in 2020 and is externally listed in Canada and the United States.