BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Sees Large Decrease in Short Interest

BTB Real Estate Investment Trust (OTCMKTS:BTBIF) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 95,700 shares, a decrease of 15.4% from the December 15th total of 113,100 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is presently 95.7 days.

BTB Real Estate Investment Trust Price Performance

BTB Real Estate Investment Trust stock traded up $0.01 during mid-day trading on Friday, reaching $2.31. 321 shares of the company were exchanged, compared to its average volume of 8,607. The company has a fifty day simple moving average of $2.44 and a 200-day simple moving average of $2.47. BTB Real Estate Investment Trust has a 12 month low of $2.11 and a 12 month high of $2.71.

About BTB Real Estate Investment Trust

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%.