Short Interest in BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Rises By 362.1%

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 26,800 shares, a growth of 362.1% from the February 28th total of 5,800 shares. Based on an average daily volume of 36,900 shares, the days-to-cover ratio is presently 0.7 days.

BSR Real Estate Investment Trust Stock Performance

BSRTF stock opened at $13.03 on Thursday. The company has a 50 day moving average price of $12.12 and a 200 day moving average price of $12.75. BSR Real Estate Investment Trust has a fifty-two week low of $10.62 and a fifty-two week high of $14.39.

BSR Real Estate Investment Trust Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.0467 per share. This represents a $0.56 annualized dividend and a dividend yield of 4.30%. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from BSR Real Estate Investment Trust’s previous monthly dividend of $0.04.

BSR Real Estate Investment Trust Company Profile

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.