Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Short Interest Update

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 273,600 shares, a growth of 17.0% from the December 31st total of 233,900 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is presently 195.4 days.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets cut Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th.

Boardwalk Real Estate Investment Trust Stock Performance

Shares of OTCMKTS BOWFF traded up $0.60 during midday trading on Friday, hitting $43.38. 1,458 shares of the company’s stock were exchanged, compared to its average volume of 678. Boardwalk Real Estate Investment Trust has a 12 month low of $41.87 and a 12 month high of $71.39. The company’s 50 day moving average price is $45.53 and its 200 day moving average price is $53.97. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $2.14 billion, a PE ratio of 4.38 and a beta of 1.54.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last released its quarterly earnings results on Tuesday, November 5th. The financial services provider reported $0.82 earnings per share for the quarter. The business had revenue of $112.46 million during the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 15.06% and a net margin of 117.99%.

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.