Mainstreet Equity Corp. (OTCMKTS:MEQYF) Short Interest Update
Mainstreet Equity Corp. (OTCMKTS: MEQYF – Get Rating) benefited from strong growth in short-term interest rates in May. As of May 15, there were short interests totaling 1,600 shares, a growth of 100.0% from the total of 800 shares as of April 30. Based on an average trading volume of 700 shares, the short interest ratio is currently 2.3 days.
Shares of OTCMKTS:MEQYF were flat at $88.26 during Friday’s trading. Mainstreet Equity has a 1-year low of 86.19 and a 1-year high of 116.12. The fifty-day moving average price of the stock is 98.27.
About Mainstreet Equity (Get a rating)
Mainstreet Equity Corp. engages in the acquisition, disposition, valuation and management of multi-family residential properties in Western Canada. The Company has a portfolio of multi-family residential properties in Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon and Regina.
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