BSR Real Estate Investment Trust (OTCMKTS:BSRTF – Get Free Report) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 19,400 shares, a decline of 27.6% from the March 15th total of 26,800 shares. Based on an average daily volume of 30,000 shares, the short-interest ratio is currently 0.6 days.
BSR Real Estate Investment Trust Stock Performance
OTCMKTS BSRTF opened at $12.18 on Friday. The company has a 50-day moving average price of $12.40 and a two-hundred day moving average price of $12.56. BSR Real Estate Investment Trust has a 52 week low of $10.62 and a 52 week high of $14.39.
BSR Real Estate Investment Trust Increases Dividend
The business also recently declared a monthly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.0467 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.60%. This is an increase from BSR Real Estate Investment Trust’s previous monthly dividend of $0.04. The ex-dividend date of this dividend was Monday, March 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.
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