BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Sees Large Drop in Short Interest

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 28,100 shares, a decline of 35.1% from the September 30th total of 43,300 shares. Based on an average daily trading volume, of 45,500 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 45,500 shares, the short-interest ratio is currently 0.6 days.

BSR Real Estate Investment Trust Stock Up 2.2%

Shares of OTCMKTS:BSRTF opened at $11.75 on Friday. BSR Real Estate Investment Trust has a 12-month low of $11.02 and a 12-month high of $13.87. The business’s 50 day moving average is $12.53 and its 200 day moving average is $12.76.

BSR Real Estate Investment Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Sunday, August 31st were given a dividend of $0.0467 per share. This represents a $0.19 annualized dividend and a dividend yield of 1.6%.

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.