BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Short Interest Down 20.8% in June

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 86,100 shares, a decline of 20.8% from the May 31st total of 108,700 shares. Based on an average daily volume of 35,000 shares, the short-interest ratio is currently 2.5 days.

BSR Real Estate Investment Trust Price Performance

Shares of OTCMKTS:BSRTF traded up $0.23 during midday trading on Friday, reaching $11.96. The company’s stock had a trading volume of 36,690 shares, compared to its average volume of 24,264. BSR Real Estate Investment Trust has a 1 year low of $10.15 and a 1 year high of $13.94. The business has a 50 day moving average price of $11.32 and a 200 day moving average price of $11.37.

BSR Real Estate Investment Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, June 17th. Investors of record on Friday, May 31st were issued a $0.0433 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date of this dividend was Friday, May 31st.

BSR Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States.