TRICON CAP GROUP INC COMMON SHARES CANA (OTCMKTS:TCNGF) Has Decline in Shorts

September 30, 2018 - By William Brooks

The stock of TRICON CAP GROUP INC COMMON SHARES CANA (OTCMKTS:TCNGF) registered a decrease of 21.43% in short interest. TCNGF’s total short interest was 801,300 shares in September as published by FINRA. Its down 21.43% from 1.02M shares, reported previously. With 1,300 shares average volume, it will take short sellers 616 days to cover their TCNGF’s short positions.

It closed at $8.6736 lastly. It is down 0.00% since September 30, 2017 and is . It has underperformed by 15.62% 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 $1.14 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 6.14 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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