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

BTB Real Estate Investment Trust (OTCMKTS:BTBIFGet Free Report) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 95,700 shares, a drop of 15.4% from the December 15th total of 113,100 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 95.7 days.

BTB Real Estate Investment Trust Stock Performance

BTBIF traded up $0.01 during trading on Thursday, reaching $2.31. The company had a trading volume of 321 shares, compared to its average volume of 8,607. BTB Real Estate Investment Trust has a 12 month low of $2.11 and a 12 month high of $2.71. The business’s fifty day moving average price is $2.44 and its 200 day moving average price is $2.47.

About BTB Real Estate Investment Trust

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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%.

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