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

BTB Real Estate Investment Trust (OTCMKTS:BTBIF) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 157,000 shares, an increase of 86.0% from the August 31st total of 84,400 shares. Based on an average daily trading volume, of 6,900 shares, the days-to-cover ratio is currently 22.8 days. Based on an average daily trading volume, of 6,900 shares, the days-to-cover ratio is currently 22.8 days.

BTB Real Estate Investment Trust Stock Up 4.4%

Shares of BTBIF opened at $2.80 on Monday. The stock has a 50 day simple moving average of $2.69 and a two-hundred day simple moving average of $2.59. BTB Real Estate Investment Trust has a 1 year low of $2.17 and a 1 year high of $2.83.

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%.