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

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 88,900 shares, a drop of 60.7% from the November 30th total of 226,300 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 177.8 days.

True North Commercial Real Estate Investment Trust Price Performance

Shares of True North Commercial Real Estate Investment Trust stock opened at $7.60 on Friday. True North Commercial Real Estate Investment Trust has a twelve month low of $3.86 and a twelve month high of $9.72. The company’s fifty day moving average is $8.35 and its 200 day moving average is $7.67.

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.