Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Short Interest Update

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 361,800 shares, a growth of 22.9% from the January 31st total of 294,300 shares. Based on an average daily trading volume, of 7,900 shares, the days-to-cover ratio is currently 45.8 days.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets cut shares of Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th.

Boardwalk Real Estate Investment Trust Stock Up 3.7 %

Shares of OTCMKTS BOWFF opened at $45.94 on Thursday. Boardwalk Real Estate Investment Trust has a 1 year low of $41.49 and a 1 year high of $71.39. The stock has a market capitalization of $2.25 billion, a P/E ratio of 6.84 and a beta of 1.53. The company has a 50-day moving average price of $44.15 and a 200-day moving average price of $52.04. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.29 and a quick ratio of 0.29.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last released its quarterly earnings results on Thursday, February 20th. The financial services provider reported $0.79 earnings per share for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 97.89% and a return on equity of 12.49%. The business had revenue of $113.54 million for the quarter.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk REIT strives to be Canada’s friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.