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Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Alternate Symbol(s):  MGRUF | T.MRT.UN

Morguard Real Estate Investment Trust is a Canada-based closed-end real estate investment trust. The Company provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors. The Company owns a diversified portfolio of 46 retail, office and industrial income-producing properties in Canada consisting of approximately 8.2 million square feet of leasable space. It owns and manages a diversified portfolio of office, industrial, retail, multi-suite residential and hotel properties in North America. It is a significant sponsor of two real estate investment trusts (REITs): Morguard REIT, a closed-end Trust with a diversified portfolio of Canadian commercial real estate assets; and Morguard North American Residential REIT, an open-end Trust with a diversified portfolio of multi-suite residential assets across North America.


TSX:MRT.DB.A - Post by User

Comment by slston Jul 31, 2021 2:42pm
106 Views
Post# 33637294

RE:Short selling interest

RE:Short selling interest
Wonder what the shorts are seeing?  They may have shorted a while ago at much higher prices, but why wait while profits are getting eroded.

1. There will be suddend rush, when they raise the distribution.
2.  Laggards usually outperform.
3.  Announcement that the Convertible Debenture will be paid out or renegotiated.
4.  Reaffirm growth projects, like Burlington and others.
5.  Company buys back more of its own stock like in 2020.
6.  Even if one of the Analysts projects they will recover to early 2020 like the other REITS.

Picked up another 1k on Friday....or was it 1.5?
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