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

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

BTB Real Estate Investment Trust Trading Up 0.5 %

BTBIF stock traded up $0.01 during mid-day trading on Friday, hitting $2.55. 400 shares of the company were exchanged, compared to its average volume of 2,240. BTB Real Estate Investment Trust has a 1-year low of $2.08 and a 1-year high of $2.71. The business has a 50 day simple moving average of $2.62 and a 200-day simple moving average of $2.44.

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%.