Short Interest in BWP Trust (OTCMKTS:BUNNF) Drops By 70.3%

BWP Trust (OTCMKTS:BUNNF) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 29,702 shares, a decline of 70.3% from the June 30th total of 100,010 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.

BWP Trust Price Performance

Shares of BUNNF opened at $3.10 on Friday. The stock’s fifty day moving average is $3.10 and its 200-day moving average is $3.10. BWP Trust has a one year low of $3.10 and a one year high of $3.10.

BWP Trust Company Profile

Established and listed on the Australian Securities Exchange (ASX) in 1998 (see prospectus), BWP Trust (BWP or the Trust) is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited (Bunnings). Bunnings is the leading retailer of home improvement and outdoor living products in Australia and New Zealand, and a major supplier to project builders, commercial trades people, and the housing industry.