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

BTB Real Estate Investment Trust (OTCMKTS:BTBIF) was the recipient of a significant growth in short interest in 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 daily volume of 500 shares, the short-interest ratio is currently 211.8 days.

BTB Real Estate Investment Trust Stock Performance

OTCMKTS:BTBIF remained flat at $2.55 during mid-day trading on Friday. The business’s 50 day simple moving average is $2.62 and its 200-day simple moving average is $2.45. BTB Real Estate Investment Trust has a 1 year low of $2.08 and a 1 year high of $2.71.

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%.