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Bullboard - Stock Discussion Forum True North Commercial REIT T.TNT.UN

Alternate Symbol(s):  TUERF

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable... see more

TSX:TNT.UN - Post Discussion

True North Commercial REIT > it's beggining to look like
View:
Post by SIGG1 on Jul 19, 2023 11:35am

it's beggining to look like

a short squeeze
Comment by EstevanOutsider on Jul 19, 2023 5:21pm
Could be but TNT only has 0.86% short interest which is extremely low. I noticed it moved big on low volume which seems to show selling pressure has diminished and there wasn't much inventory at these current low prices. TNT trading just over $200 sq/ft now which isn't much higher than one might expect distressed office valuations in lower grade buildings to go for in recent times. TNT ...more  
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