Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Short Interest Up 17.0% in December

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) saw 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.

Boardwalk Real Estate Investment Trust Stock Down 0.4 %

Shares of OTCMKTS BOWFF traded down $0.19 during midday trading on Friday, hitting $43.00. The company’s stock had a trading volume of 994 shares, compared to its average volume of 743. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.29 and a quick ratio of 0.29. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 4.34 and a beta of 1.54. The business’s fifty day simple moving average is $47.17 and its two-hundred day simple moving average is $54.75. Boardwalk Real Estate Investment Trust has a 1 year low of $42.69 and a 1 year high of $71.39.

Analyst Upgrades and Downgrades

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

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.