Short Interest in Mainstreet Equity Corp. (OTCMKTS:MEQYF) Declines By 67.8%

Mainstreet Equity Corp. (OTCMKTS:MEQYF) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 1,900 shares, a decrease of 67.8% from the November 30th total of 5,900 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 3.8 days.

Mainstreet Equity Price Performance

MEQYF stock remained flat at $145.00 during midday trading on Thursday. The company’s stock had a trading volume of 30 shares, compared to its average volume of 389. The firm’s fifty day simple moving average is $144.85 and its 200 day simple moving average is $139.45. Mainstreet Equity has a one year low of $123.20 and a one year high of $148.68.

Mainstreet Equity Company Profile

Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties in British Columbia, Calgary, Edmonton, Saskatoon, Regina, and Winnipeg.