What’s Next for MCAN MORTGAGE CORPORATION (OTCMKTS:MAMTF) After Having More Shares Shorted?

February 15, 2018 - By Linda Rogers

The stock of MCAN MORTGAGE CORPORATION (OTCMKTS:MAMTF) registered an increase of 0.05% in short interest. MAMTF’s total short interest was 218,300 shares in February as published by FINRA. Its up 0.05% from 218,200 shares, reported previously. With 100 shares average volume, it will take short sellers 2183 days to cover their MAMTF’s short positions.

It closed at $14.25 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

MCAN Mortgage Corporation operates as a mortgage investment corporation in Canada. The company has market cap of $329.85 million. The firm issues term deposits; and originates residential first-charge mortgage products. It has a 10.84 P/E ratio. It focuses on investing its funds in a portfolio of mortgages, including single family residential, residential construction, non-residential construction, and commercial loans, as well as other types of financial investments, loans, and real estate investments.

Another recent and important MCAN Mortgage Corporation (OTCMKTS:MAMTF) news was published by Prnewswire.com which published an article titled: “MCAN Mortgage Corporation to acquire Xceed Mortgage Corporation” on March 26, 2013.

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