Short Interest in BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Decreases By 29.5%

BTB Real Estate Investment Trust (OTCMKTS:BTBIF) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 117,100 shares, a decline of 29.5% from the January 15th total of 166,100 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 146.4 days.

BTB Real Estate Investment Trust Stock Performance

BTBIF stock remained flat at $2.32 during mid-day trading on Friday. The stock’s fifty day moving average price is $2.36 and its 200 day moving average price is $2.47. BTB Real Estate Investment Trust has a twelve month low of $2.11 and a twelve month high of $2.71.

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%.