Mirvac Group (OTCMKTS:MRVGF) Sees Large Decline in Short Interest

Mirvac Group (OTCMKTS:MRVGF) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 3,923,100 shares, a decrease of 38.1% from the November 30th total of 6,334,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 39,231.0 days.

Mirvac Group Stock Performance

Mirvac Group stock opened at $1.23 on Friday. The business has a 50-day simple moving average of $1.42 and a 200 day simple moving average of $1.34. Mirvac Group has a 52 week low of $1.13 and a 52 week high of $1.62.

About Mirvac Group

Founded in 1972, Mirvac is an Australian Securities Exchange (ASX) top 50 company with an integrated asset creation and curation capability. For more than 50 years, we've dedicated ourselves to creating extraordinary urban places and experiences. We have over $35 billion of assets under management, together with a $12 billion commercial and mixed use development pipeline, and a $17 billion residential development pipeline, enabling us to deliver innovative and high-quality property for our customers, while driving long-term value for our securityholders.