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

Short Position increased again

[robbie88]

Between first half of May, share price went up from $5.35 to $5.8. Superisely short position increased again. Cannot imagine what would happen if short covering.

Short Positions for MRT.UN

Symbol	Report Date	Volume	Change	Shares Issued	% Float
T : MRT.UN	2021-05-15	2,265,564	94,855	64,133,130	3.53
T : MRT.UN	2021-04-30	2,170,709	134,662	64,133,130	3.38
T : MRT.UN	2021-04-15	2,036,047	18,374	64,130,414	3.17
T : MRT.UN	2021-03-31	2,017,673	83,002	64,130,414	3.15

[slst]

Short Seller have nerves of steel.  Bought some more long. Morning Star just issued a fair valuation of over $8.  Bank of Nova Scotia analyst was over 7 a week or two ago. Some crossover technicals showed short term target of $7.5 Although TD Analyst still shows $5.50 target. Parent just refinanced $200 million Debenture, and renewed Mortages under 3%. Canadians now over 50% vaccinated

[HermannHaller]

The short sellers are barking up the wrong tree. Maybe its just a hedge against other REIT positions (e.g. long SRU.UN, short MRT.UN). Still seems crazy to me, MRT.UN has big upside potential. MRT.DB debentures trading good volume today at 100.50.