Melcor Developments Ltd News Today

Melcor Developments Ltd. (OTCMKTS:MODVF – Get Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 3,600 shares, an increase of 16.1% from the April 30th total of 3,100 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover […]

Melcor Developments Ltd. (TSE:MRD – Get Free Report) declared a quarterly dividend on Tuesday, May 14th, Zacks reports. Stockholders of record on Friday, June 14th will be given a dividend of 0.11 per share on Friday, June 28th. This represents a $0.44 annualized dividend and a dividend yield of 3.77%. The ex-dividend date is Friday, […]

Melcor Developments Ltd. (OTCMKTS:MODVF – Get Free Report) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 1,300 shares, a drop of 27.8% from the February 29th total of 1,800 shares. Based on an average trading volume of 1,900 shares, the short-interest ratio […]

Brady Welch put $120-million worth of properties up for sale, as Slate scrambles to pay down debt taken on when interest rates were far lower and office buildings far fuller

Melcor Developments Ltd. (TSE:MRD – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$11.56 and traded as high as C$11.90. Melcor Developments shares last traded at C$11.90, with a volume of 3,203 shares trading hands. Melcor Developments Trading Up […]

Melcors historical investment in Edmonton-area land to develop started with an attitude of looking to the west.

Key Insights The projected fair value for Melcor Developments is CA$10.22 based on Dividend Discount Model With...

Melcor Developments Ltd. (OTCMKTS:MODVF – Get Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a drop of 50.0% from the December 15th total of 200 shares. Based on an average trading volume of 100 shares, […]

Over 100 years, Alberta-based Melcor has become a fully integrated real estate development and asset management company.

Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying...