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

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) was the recipient of a large decrease in short interest in 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 trading volume of 300 shares, the short-interest ratio is currently 249.0 days.

True North Commercial Real Estate Investment Trust Price Performance

Shares of TUERF remained flat at $6.27 on Friday. The stock had a trading volume of 1,235 shares, compared to its average volume of 3,322. The company’s 50-day moving average price is $7.41 and its 200-day moving average price is $7.78. True North Commercial Real Estate Investment Trust has a 52 week low of $4.13 and a 52 week 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.