Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Short Interest Up 1,528.6% in April

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUFGet Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 114 shares, a growth of 1,528.6% from the April 15th total of 7 shares. Based on an average trading volume of 3,081 shares, the short-interest ratio is presently 0.0 days.

Flagship Communities Real Estate Investment Trust Price Performance

Flagship Communities Real Estate Investment Trust stock traded up $0.10 during trading hours on Wednesday, hitting $19.36. The company had a trading volume of 1,000 shares, compared to its average volume of 2,015. Flagship Communities Real Estate Investment Trust has a 1 year low of $16.88 and a 1 year high of $20.96. The company has a 50-day moving average price of $19.34 and a two-hundred day moving average price of $19.21.

Analysts Set New Price Targets

MHCUF has been the topic of a number of analyst reports. Scotiabank reiterated an “outperform” rating and set a $24.00 price objective on shares of Flagship Communities Real Estate Investment Trust in a research report on Friday, January 16th. TD Securities reiterated a “buy” rating and set a $25.00 price objective on shares of Flagship Communities Real Estate Investment Trust in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $24.50.

View Our Latest Analysis on Flagship Communities Real Estate Investment Trust

About Flagship Communities Real Estate Investment Trust

(Get Free Report)

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.

Further Reading

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