Mirvac Group (OTCMKTS:MRVGF) Short Interest Up 37.0% in April

Mirvac Group (OTCMKTS:MRVGFGet Rating) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 1,251,800 shares, a growth of 37.0% from the March 31st total of 913,500 shares. Based on an average trading volume of 1,700 shares, the days-to-cover ratio is presently 736.4 days.

OTCMKTS:MRVGF remained flat at $$1.64 during trading hours on Monday. The company’s stock had a trading volume of 44 shares, compared to its average volume of 10,283. The company has a 50-day moving average price of $1.82 and a 200-day moving average price of $1.95. Mirvac Group has a 1 year low of $1.61 and a 1 year high of $2.40.

About Mirvac Group (Get Rating)

Mirvac is an Australian property group with a clearly defined purpose to reimagine urban life. By creating beautiful homes, inspiring workplace precincts and thriving shopping centres, we aim to make a positive contribution to our cities and communities. Mirvac was founded in 1972, which means we've been shaping Australia's urban landscape for almost fifty years.

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