Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Stock Short Interest Jumps 1,039.8%

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 2,405 shares, an increase of 1,039.8% from the October 15th total of 211 shares. Based on an average daily trading volume, of 3,258 shares, the short-interest ratio is currently 0.7 days.

Flagship Communities Real Estate Investment Trust Price Performance

Shares of MHCUF stock remained flat at $21.80 during trading hours on Tuesday. The stock had a trading volume of 1,300 shares, compared to its average volume of 2,874. Flagship Communities Real Estate Investment Trust has a one year low of $17.75 and a one year high of $23.00. The business’s fifty day simple moving average is $21.17 and its two-hundred day simple moving average is $20.47.

About Flagship Communities Real Estate Investment Trust

Flagship Communities Real Estate Investment Trust is a Canadian real estate investment trust focused on owning and operating manufactured housing communities in the United States. Its communities are located primarily in the Midwest and Southeast. The REIT provides sites for manufactured homes, along with community infrastructure and services that support residents. In this land-lease model, residents generally own their homes and pay rent for the lots on which the homes are situated. Flagship Communities was established in 2020 and is externally listed in Canada and the United States.