Mirvac Group (OTCMKTS:MRVGF) Short Interest Update

Mirvac Group (OTCMKTS:MRVGF) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 3,671,300 shares, a drop of 15.7% from the December 31st total of 4,356,100 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 12,237.7 days.

Mirvac Group Price Performance

Shares of MRVGF remained flat at $1.23 during mid-day trading on Monday. Mirvac Group has a 52 week low of $1.13 and a 52 week high of $1.62. The company’s 50-day moving average price is $1.31 and its two-hundred day moving average price is $1.32.

About Mirvac Group

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.