True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Short Interest Update

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) was the recipient of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 5,900 shares, a drop of 45.9% from the May 15th total of 10,900 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 6.6 days.

True North Commercial Real Estate Investment Trust Price Performance

True North Commercial Real Estate Investment Trust stock opened at $7.06 on Monday. The company’s fifty day moving average price is $6.06 and its 200 day moving average price is $6.51. True North Commercial Real Estate Investment Trust has a 1 year low of $5.56 and a 1 year high of $9.72.

About True North Commercial Real Estate Investment Trust

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.