TRICON CAP GROUP INC COMMON SHARES CANA (OTCMKTS:TCNGF) Could Improve Your Long Portfolio After Less Shorts Reported

April 16, 2018 - By Dolores Ford

The stock of TRICON CAP GROUP INC COMMON SHARES CANA (OTCMKTS:TCNGF) registered a decrease of 11.28% in short interest. TCNGF’s total short interest was 912,800 shares in April as published by FINRA. Its down 11.28% from 1.03 million shares, reported previously. With 700 shares average volume, it will take short sellers 1304 days to cover their TCNGF’s short positions. The short interest to TRICON CAP GROUP INC COMMON SHARES CANA’s float is 0.71%.

The stock increased 1.11% or $0.0899 during the last trading session, reaching $8.1999. About 100 shares traded or Infinity% up from the average. Tricon Capital Group Inc. (OTCMKTS:TCNGF) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Tricon Capital Group Inc. is a principal investor and asset manager focused on the residential real estate industry in North America. The company has market cap of $1.06 billion. The firm owns and manages on behalf of third-party investors a portfolio of investments in land and homebuilding assets, single-family rental homes, manufactured housing communities, and multi-family development projects. It has a 15.18 P/E ratio. The business objective of the firm is to invest for investment income and capital appreciation through its principal investment business and to earn fee income through private funds and advisory business.

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