Short Interest in BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Expands By 21.3%

BTB Real Estate Investment Trust (OTCMKTS:BTBIFGet Free Report) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 105,900 shares, a growth of 21.3% from the October 15th total of 87,300 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 211.8 days.

BTB Real Estate Investment Trust Price Performance

BTBIF remained flat at $2.55 during trading on Friday. The stock’s fifty day simple moving average is $2.62 and its 200-day simple moving average is $2.45. BTB Real Estate Investment Trust has a 52 week low of $2.08 and a 52 week high of $2.71.

BTB Real Estate Investment Trust Company Profile

(Get Free Report)

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is a property owner active in Canada and owns 77 properties, representing a total leasable area of approximately 6.1 million square feet and a total asset value that surpasses $1.2 billion. BTB offers a distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at a price based on the weighted average price for BTB's Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by 3%.

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