BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Shares Shorted: Short Interest Down 83.4% in September

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 74,246 shares, a decline of 83.4% from the August 31st total of 447,976 shares. Based on an average trading volume of 58,153 shares, the days-to-cover ratio is currently 1.3 days.

BSR Real Estate Investment Trust Stock Performance

OTCMKTS BSRTF traded down $0.06 on Friday, hitting $11.05. 1,744 shares of the stock were exchanged, compared to its average volume of 21,714. The business’s fifty day moving average is $11.44 and its 200 day moving average is $11.58. BSR Real Estate Investment Trust has a 52 week low of $10.51 and a 52 week high of $13.00.

About BSR Real Estate Investment Trust

BSR Real Estate Investment Trust is a real estate investment trust focused on owning and operating multifamily residential properties in the southern United States. The trust generates revenue primarily through apartment rentals and related resident services.

BSR REIT’s portfolio has historically been concentrated in the Sun Belt, with properties in markets across Texas, Oklahoma and Arkansas. Its activities include property management, leasing, maintenance, capital improvements and the ongoing operation of apartment communities designed to serve a range of residential tenants.

The trust was established in 2018 in connection with the acquisition of a portfolio of multifamily properties from BSR Trust.