Short Interest in MCAN Mortgage Co. (OTCMKTS:MAMTF) Increases By 3,000.0%

MCAN Mortgage Co. (OTCMKTS:MAMTF) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 6,200 shares, a growth of 3,000.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 15.5 days.

MCAN Mortgage Stock Performance

Shares of MAMTF remained flat at C$11.56 during midday trading on Thursday. The business’s 50-day moving average price is C$11.90 and its 200 day moving average price is C$11.63. MCAN Mortgage has a 12-month low of C$10.92 and a 12-month high of C$12.50.

MCAN Mortgage Company Profile

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the real estate lending and investing activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of real estate investments trusts and private investment activities.