BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Sees Large Decrease in Short Interest

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 39,400 shares, a drop of 12.8% from the October 15th total of 45,200 shares. Based on an average daily volume of 20,700 shares, the short-interest ratio is currently 1.9 days.

BSR Real Estate Investment Trust Price Performance

Shares of BSRTF traded up $0.04 during mid-day trading on Friday, hitting $13.05. The company’s stock had a trading volume of 5,584 shares, compared to its average volume of 21,924. The company’s 50-day moving average is $13.51 and its 200-day moving average is $12.54. BSR Real Estate Investment Trust has a 52-week low of $10.15 and a 52-week high of $14.39.

BSR Real Estate Investment Trust Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were given a $0.0467 dividend. The ex-dividend date of this dividend was Thursday, October 31st.

About BSR Real Estate Investment Trust

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 markets in the Sunbelt region of the United States.