Short Interest in BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Decreases By 43.6%

BTB Real Estate Investment Trust (OTCMKTS:BTBIF) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 65,800 shares, a drop of 43.6% from the July 15th total of 116,700 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is presently 31.3 days.

BTB Real Estate Investment Trust Stock Performance

Shares of BTBIF traded up $0.01 during mid-day trading on Wednesday, hitting $2.33. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 2,217. BTB Real Estate Investment Trust has a fifty-two week low of $2.00 and a fifty-two week high of $2.46. The firm has a 50-day moving average price of $2.34 and a 200 day moving average price of $2.31.

About BTB Real Estate Investment Trust

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is a property owner active in Canada and owns 77 properties, representing a total leasable area of approximately 6.1 million square feet and a total asset value that surpasses $1.2 billion. BTB offers a distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at a price based on the weighted average price for BTB's Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by 3%.