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

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 74,700 shares, a decrease of 16.0% from the December 31st total of 88,900 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 249.0 days.

True North Commercial Real Estate Investment Trust Price Performance

Shares of TUERF stock traded down $0.04 during trading hours on Friday, reaching $6.23. The company’s stock had a trading volume of 737 shares, compared to its average volume of 2,787. True North Commercial Real Estate Investment Trust has a one year low of $4.13 and a one year high of $9.72. The firm’s fifty day simple moving average is $7.36 and its 200 day simple moving average is $7.78.

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.