BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Sees Significant Growth in Short Interest

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 44,800 shares, an increase of 100.9% from the December 15th total of 22,300 shares. Based on an average trading volume of 41,300 shares, the days-to-cover ratio is currently 1.1 days.

BSR Real Estate Investment Trust Stock Performance

Shares of BSR Real Estate Investment Trust stock opened at $11.87 on Tuesday. The firm’s 50 day simple moving average is $12.68 and its two-hundred day simple moving average is $12.91. BSR Real Estate Investment Trust has a 12-month low of $10.45 and a 12-month high of $14.39.

BSR Real Estate Investment Trust Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.0467 dividend. The ex-dividend date is Tuesday, December 31st.

About BSR Real Estate Investment Trust

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States.