Short Interest in Mirvac Group (OTCMKTS:MRVGF) Expands By 28.3%

Mirvac Group (OTCMKTS:MRVGF) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 6,452,800 shares, an increase of 28.3% from the September 15th total of 5,029,300 shares. Based on an average daily trading volume, of 16,400 shares, the days-to-cover ratio is presently 393.5 days.

Mirvac Group Stock Performance

OTCMKTS MRVGF remained flat at $1.46 during trading on Tuesday. Mirvac Group has a 52 week low of $0.98 and a 52 week high of $1.62. The company has a fifty day simple moving average of $1.30 and a two-hundred day simple moving average of $1.35.

Mirvac Group Company Profile

Founded in 1972, Mirvac is an Australian Securities Exchange (ASX) top 50 company with an integrated asset creation and curation capability. For more than 50 years, we've dedicated ourselves to creating extraordinary urban places and experiences. We have over $35 billion of assets under management, together with a $12 billion commercial and mixed use development pipeline, and a $17 billion residential development pipeline, enabling us to deliver innovative and high-quality property for our customers, while driving long-term value for our securityholders.