BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Short Interest Down 7.6% in May

BTB Real Estate Investment Trust (OTCMKTS:BTBIFGet Free Report) was the target of a significant decline in short interest in May. As of May 31st, there was short interest totalling 94,500 shares, a decline of 7.6% from the May 15th total of 102,300 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 41.1 days.

BTB Real Estate Investment Trust Stock Performance

Shares of BTBIF stock opened at $2.27 on Tuesday. The stock’s 50-day moving average price is $2.34 and its 200 day moving average price is $2.28. BTB Real Estate Investment Trust has a 52-week low of $2.00 and a 52-week high of $2.60.

BTB Real Estate Investment Trust Company Profile

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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%.

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