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

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

BTB Real Estate Investment Trust Stock Performance

BTB Real Estate Investment Trust stock remained flat at $2.55 during trading hours on Friday. BTB Real Estate Investment Trust has a twelve month low of $2.08 and a twelve month high of $2.71. The business has a fifty day simple moving average of $2.62 and a 200-day simple moving average of $2.45.

BTB Real Estate Investment Trust Company Profile

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%.