Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Short Interest Down 42.1% in December

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 932 shares, a decrease of 42.1% from the November 30th total of 1,609 shares. Based on an average daily volume of 2,701 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 2,701 shares, the days-to-cover ratio is presently 0.3 days.

Flagship Communities Real Estate Investment Trust Stock Performance

Shares of OTCMKTS:MHCUF opened at $19.44 on Monday. The company’s 50-day moving average price is $18.36 and its 200 day moving average price is $18.40. Flagship Communities Real Estate Investment Trust has a fifty-two week low of $14.00 and a fifty-two week high of $20.00.

Wall Street Analysts Forecast Growth

Separately, TD Securities reissued a “buy” rating on shares of Flagship Communities Real Estate Investment Trust in a report on Friday, November 14th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy”.

About Flagship Communities Real Estate Investment Trust

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) is a Canada-based real estate investment trust focused on owning, operating and acquiring manufactured housing communities, single-family rental communities and recreational vehicle (RV) communities. The trust is structured to provide investors with regular distributions derived from stable, rent-based cash flows and value-enhancing community operations.

Flagship Communities REIT’s portfolio consists of income-producing residential and leisure-oriented properties.