Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Sees Large Decline in Short Interest

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUFGet Free Report) saw a large drop in short interest in the month of February. As of February 29th, there was short interest totalling 500 shares, a drop of 16.7% from the February 14th total of 600 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 2.5 days.

Flagship Communities Real Estate Investment Trust Stock Down 0.9 %

MHCUF traded down $0.15 during trading on Friday, reaching $15.65. 2,200 shares of the company’s stock were exchanged, compared to its average volume of 1,319. Flagship Communities Real Estate Investment Trust has a fifty-two week low of $14.06 and a fifty-two week high of $18.00. The business has a 50 day moving average price of $16.05 and a 200 day moving average price of $15.64.

Flagship Communities Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, March 15th. Investors of record on Thursday, February 29th will be paid a $0.0492 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.59 dividend on an annualized basis and a yield of 3.77%.

About Flagship Communities Real Estate Investment Trust

(Get Free Report)

Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.

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