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

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 273,600 shares, a growth of 17.0% from the December 15th total of 233,900 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 195.4 days.

Analyst Ratings Changes

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

Boardwalk Real Estate Investment Trust Price Performance

Shares of BOWFF stock traded down $0.19 during trading hours on Friday, hitting $43.00. 994 shares of the company’s stock were exchanged, compared to its average volume of 743. Boardwalk Real Estate Investment Trust has a fifty-two week low of $42.69 and a fifty-two week high of $71.39. The firm has a market cap of $2.13 billion, a P/E ratio of 4.34 and a beta of 1.54. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.56. The firm has a 50 day moving average of $47.17 and a two-hundred day moving average of $54.75.

About Boardwalk Real Estate Investment Trust

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.