BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Short Interest Up 11.2% in August

BSR Real Estate Investment Trust (OTCMKTS:BSRTFGet Rating) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 66,700 shares, a growth of 11.2% from the August 15th total of 60,000 shares. Based on an average daily trading volume, of 23,700 shares, the days-to-cover ratio is presently 2.8 days.

BSR Real Estate Investment Trust Trading Up 1.1 %

OTCMKTS:BSRTF opened at $17.08 on Monday. The company has a fifty day moving average of $16.52 and a 200 day moving average of $17.59. BSR Real Estate Investment Trust has a 52 week low of $13.82 and a 52 week high of $22.70.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial lowered their price target on shares of BSR Real Estate Investment Trust from C$24.50 to C$18.25 in a report on Wednesday, July 20th.

About BSR Real Estate Investment Trust

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BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.

Further Reading

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