Mainstreet Equity Corp. (OTCMKTS:MEQYF) Short Interest Up 22.2% in October

Mainstreet Equity Corp. (OTCMKTS:MEQYF) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 3,300 shares, a growth of 22.2% from the October 15th total of 2,700 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 16.5 days.

Mainstreet Equity Stock Performance

Mainstreet Equity stock remained flat at 141.61 during mid-day trading on Friday. 85 shares of the company were exchanged, compared to its average volume of 387. The firm’s 50 day simple moving average is 144.81 and its 200 day simple moving average is 137.69. Mainstreet Equity has a 1-year low of 123.20 and a 1-year high of 148.50.

About Mainstreet Equity

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.