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

BTB Real Estate Investment Trust (OTCMKTS:BTBIFGet Rating) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 10,900 shares, a decrease of 18.0% from the May 15th total of 13,300 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is currently 4.5 days.

BTBIF stock opened at $2.71 on Friday. The firm has a 50 day simple moving average of $3.18 and a 200 day simple moving average of $3.21. BTB Real Estate Investment Trust has a 52 week low of $2.70 and a 52 week high of $3.51.

About BTB Real Estate Investment Trust (Get Rating)

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. As at November 10th, 2020, BTB owns 64 retail, office and industrial properties for a total leasable area of approximately 5.3 million square feet and an approximate total asset value as of September 30th, 2020 of approximately of $946M.

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