Mirvac Group (OTCMKTS:MRVGF – Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 415,261 shares, a decrease of 79.1% from the September 15th total of 1,989,096 shares. Based on an average daily trading volume, of 139 shares, the short-interest ratio is presently 2,987.5 days.
Mirvac Group Stock Performance
Shares of Mirvac Group stock remained flat at $1.11 on Friday. Mirvac Group has a fifty-two week low of $1.03 and a fifty-two week high of $1.72. The company’s 50-day moving average price is $1.11 and its 200 day moving average price is $1.14.
Mirvac Group Company Profile
Mirvac Group is an Australian property group involved in property development, investment and funds management. The company develops and manages residential communities, apartments and mixed-use projects, as well as commercial properties such as office, retail and industrial assets.
Founded in 1972, Mirvac has built a portfolio of investment properties and development projects across Australia. Its activities span major Australian cities and include urban renewal, land development, commercial buildings, shopping centres and residential communities.
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