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

BTB Real Estate Investment Trust (OTCMKTS:BTBIF) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 132,600 shares, a decline of 12.0% from the November 15th total of 150,600 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 132.6 days.

BTB Real Estate Investment Trust Stock Performance

Shares of OTCMKTS:BTBIF remained flat at $2.40 on Monday. BTB Real Estate Investment Trust has a one year low of $2.11 and a one year high of $2.71. The company’s fifty day simple moving average is $2.58 and its two-hundred day simple moving average is $2.47.

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%.