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

BTB Real Estate Investment Trust (OTCMKTS:BTBIF) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totalling 92,100 shares, an increase of 30.5% from the August 31st total of 70,600 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is presently 21.9 days.

BTB Real Estate Investment Trust Price Performance

Shares of BTBIF traded up $0.02 during mid-day trading on Friday, hitting $2.67. The firm’s 50 day moving average is $2.44 and its 200-day moving average is $2.37. BTB Real Estate Investment Trust has a 1 year low of $2.00 and a 1 year high of $2.69.

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%.