Mainstreet Equity Corp. (OTCMKTS:MEQYF) Short Interest Up 22.2% in October

Mainstreet Equity Corp. (OTCMKTS:MEQYF) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,300 shares, a growth of 22.2% from the October 15th total of 2,700 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 16.5 days.

Mainstreet Equity Price Performance

Shares of MEQYF stock traded down 1.34 during trading hours on Friday, reaching 141.61. 300 shares of the company’s stock were exchanged, compared to its average volume of 387. The stock’s fifty day moving average price is 144.93 and its two-hundred day moving average price is 137.61. Mainstreet Equity has a 1 year low of 123.20 and a 1 year high of 148.50.

About Mainstreet Equity

Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties in British Columbia, Calgary, Edmonton, Saskatoon, Regina, and Winnipeg.