BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Sees Significant Growth in Short Interest

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 26,800 shares, an increase of 362.1% from the February 28th total of 5,800 shares. Based on an average daily trading volume, of 36,900 shares, the short-interest ratio is currently 0.7 days.

BSR Real Estate Investment Trust Price Performance

Shares of OTCMKTS:BSRTF opened at $13.28 on Friday. BSR Real Estate Investment Trust has a 12 month low of $10.62 and a 12 month high of $14.39. The company’s 50-day moving average price is $12.15 and its two-hundred day moving average price is $12.75.

BSR Real Estate Investment Trust Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.0467 dividend. This represents a $0.56 annualized dividend and a dividend yield of 4.22%. The ex-dividend date is Monday, March 31st. This is a positive change from BSR Real Estate Investment Trust’s previous monthly dividend of $0.04.

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.