Melcor Developments Ltd. (OTCMKTS:MODVF – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 2,847 shares, a decrease of 36.0% from the September 15th total of 4,446 shares. Based on an average trading volume of 2,309 shares, the short-interest ratio is currently 1.2 days.
Melcor Developments Price Performance
MODVF stock opened at $13.04 on Friday. The business has a fifty day moving average price of $13.31 and a 200 day moving average price of $13.27. Melcor Developments has a fifty-two week low of $10.15 and a fifty-two week high of $14.04.
Melcor Developments Company Profile
Melcor Developments Ltd. is an Edmonton, Alberta-based real estate development and asset management company with a history dating to 1923. The company develops, owns and manages a diversified portfolio of commercial and residential real estate, with activities focused primarily on Western Canada and selected markets in the United States.
Its business includes the development of commercial properties such as office, retail and industrial projects, as well as residential communities and land.
See Also
- Five stocks we like better than Melcor Developments
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for Melcor Developments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melcor Developments and related companies with MarketBeat.com's FREE daily email newsletter.
