Short Interest in BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Rises By 78.6%

BTB Real Estate Investment Trust (OTCMKTS:BTBIF) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 148,600 shares, a growth of 78.6% from the June 15th total of 83,200 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is currently 36.2 days.

BTB Real Estate Investment Trust Stock Performance

Shares of BTBIF stock remained flat at $2.32 during mid-day trading on Friday. BTB Real Estate Investment Trust has a fifty-two week low of $2.00 and a fifty-two week high of $2.60. The company’s 50-day simple moving average is $2.33 and its two-hundred day simple moving average is $2.30.

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%.