Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Short Interest Update

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 5,700 shares, a growth of 1,040.0% from the February 28th total of 500 shares. Based on an average daily trading volume, of 5,400 shares, the short-interest ratio is currently 1.1 days.

Analysts Set New Price Targets

Separately, TD Securities began coverage on Flagship Communities Real Estate Investment Trust in a research report on Friday, March 7th. They issued a “buy” rating on the stock.

Flagship Communities Real Estate Investment Trust Trading Down 1.6 %

MHCUF stock opened at $17.30 on Friday. The company has a 50 day simple moving average of $15.14 and a 200 day simple moving average of $15.19. Flagship Communities Real Estate Investment Trust has a 1 year low of $13.13 and a 1 year high of $17.59.

Flagship Communities Real Estate Investment Trust Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.0517 dividend. The ex-dividend date is Monday, March 31st.

About Flagship Communities Real Estate Investment Trust

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.