Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Short Interest Up 300.0% in March

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 800 shares, a growth of 300.0% from the March 15th total of 200 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is currently 0.7 days.

Flagship Communities Real Estate Investment Trust Price Performance

Shares of MHCUF opened at $16.50 on Thursday. The company’s 50 day moving average price is $16.31 and its 200 day moving average price is $15.72. Flagship Communities Real Estate Investment Trust has a 52 week low of $14.06 and a 52 week high of $17.99.

Flagship Communities Real Estate Investment Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, April 15th. Investors of record on Sunday, March 31st will be given a dividend of $0.0492 per share. This represents a $0.59 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend is Wednesday, March 27th.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.