Blue Ridge Real Estate Co. (OTCMKTS:BRRE) Short Interest Down 99.0% in June

Blue Ridge Real Estate Co. (OTCMKTS:BRRE) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1 shares, a decrease of 99.0% from the May 31st total of 101 shares. Based on an average daily trading volume, of 19 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Blue Ridge Real Estate Stock Performance

Blue Ridge Real Estate stock remained flat at $9.70 during midday trading on Thursday. 1 shares of the company were exchanged, compared to its average volume of 186. Blue Ridge Real Estate has a twelve month low of $7.00 and a twelve month high of $15.35. The firm has a 50 day simple moving average of $9.52 and a two-hundred day simple moving average of $8.94. The stock has a market cap of $23.38 million, a price-to-earnings ratio of -13.29 and a beta of 0.22.

Blue Ridge Real Estate (OTCMKTS:BRRE) last posted its quarterly earnings data on Monday, June 15th. The company reported ($0.52) earnings per share (EPS) for the quarter. The company had revenue of $0.90 million during the quarter. Blue Ridge Real Estate had a negative net margin of 26.73% and a negative return on equity of 8.69%.

Blue Ridge Real Estate Company Profile

Blue Ridge Real Estate Company owns investment properties in Eastern Pennsylvania. It operates in three segments: Resort Operations, Real Estate Management/Rental Operations, and Land Resource Management. The Resort Operations segment operates amenities surrounding Big Boulder Lake, including Boulder View Tavern and Boulder Lake Club; the Jack Frost National Golf Course; and the Stretch fishing club. The Real Estate Management/Rental Operations segment owns investment properties that are leased to others located in Eastern Pennsylvania.