Short Interest in True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Declines By 21.2%

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 56,900 shares, a drop of 21.2% from the January 15th total of 72,200 shares. Based on an average daily volume of 700 shares, the short-interest ratio is currently 81.3 days.

True North Commercial Real Estate Investment Trust Price Performance

Shares of OTCMKTS:TUERF opened at $6.24 on Friday. The stock’s 50-day simple moving average is $6.97 and its two-hundred day simple moving average is $7.78. True North Commercial Real Estate Investment Trust has a 52-week low of $6.05 and a 52-week high of $9.72.

True North Commercial Real Estate Investment Trust Company Profile

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.