Flagship Communities Real Estate Investment Trust (OTCMKTS:FLGMF) Short Interest Update

Flagship Communities Real Estate Investment Trust (OTCMKTS:FLGMF – Get Rating) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 1,000 shares, a growth of 900.0% from the March 15th total of 100 shares. Based on an average trading volume of 7,600 shares, the short-interest ratio is presently 0.1 days.

Shares of OTCMKTS:FLGMF traded down $0.01 during trading on Tuesday, hitting $19.77. The stock had a trading volume of 200 shares, compared to its average volume of 3,057. The firm’s fifty day moving average is $18.83 and its 200 day moving average is $19.11. Flagship Communities Real Estate Investment Trust has a 12 month low of $15.81 and a 12 month high of $26.97.

Separately, Raymond James increased their target price on Flagship Communities Real Estate Investment Trust from C$23.00 to C$24.00 in a research report on Friday, March 18th.

Flagship Communities Real Estate Investment Trust Company Profile (Get Rating)

Flagship Communities Real Estate Investment Trust is a newly-created, internally-managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio and Tennessee; including a fleet of manufactured homes for lease to residents of such housing communities.

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