MCAN Mortgage Co. (OTCMKTS:MAMTF) Short Interest Up 36.6% in March

MCAN Mortgage Co. (OTCMKTS:MAMTF) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 41,400 shares, a growth of 36.6% from the February 28th total of 30,300 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is presently 12.9 days.

MCAN Mortgage Price Performance

MAMTF traded down C$0.20 during mid-day trading on Tuesday, hitting C$12.80. 719 shares of the stock were exchanged, compared to its average volume of 2,793. The firm’s fifty day moving average is C$12.86 and its two-hundred day moving average is C$13.29. MCAN Mortgage has a 1-year low of C$11.13 and a 1-year high of C$13.97.

About MCAN Mortgage

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.