Short Interest in True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Declines By 21.2%

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) was the recipient of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 56,900 shares, a drop of 21.2% from the January 15th total of 72,200 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 81.3 days.

True North Commercial Real Estate Investment Trust Price Performance

OTCMKTS TUERF opened at $6.24 on Friday. The stock’s 50-day moving average price is $6.97 and its 200-day moving average price is $7.78. True North Commercial Real Estate Investment Trust has a 52 week low of $6.05 and a 52 week high of $9.72.

About True North Commercial Real Estate Investment Trust

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 44 commercial properties consisting of approximately 4.8 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit rated tenants.