Short Interest in Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Increases By 39.7%

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 638,700 shares, an increase of 39.7% from the August 15th total of 457,300 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is presently 114.1 days.

Boardwalk Real Estate Investment Trust Stock Up 0.3 %

BOWFF traded up $0.22 during trading on Monday, hitting $67.18. The stock had a trading volume of 13,400 shares, compared to its average volume of 5,863. The stock has a 50 day simple moving average of $59.27 and a two-hundred day simple moving average of $55.62. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.09 and a current ratio of 0.09. Boardwalk Real Estate Investment Trust has a twelve month low of $46.06 and a twelve month high of $71.39. The company has a market capitalization of $3.32 billion, a PE ratio of 5.69 and a beta of 1.51.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last issued its quarterly earnings data on Tuesday, July 30th. The financial services provider reported $1.70 EPS for the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 15.76% and a net margin of 118.04%. The firm had revenue of $108.95 million during the quarter.

About Boardwalk Real Estate Investment Trust

Boardwalk REIT strives to be Canada’s friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.