BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Short Interest Update
BSR Real Estate Investment Trust (OTCMKTS:BSRTF – Get Rating) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 153,500 shares, an increase of 135.1% from the March 15th total of 65,300 shares. Based on an average trading volume of 23,100 shares, the days-to-cover ratio is currently 6.6 days.
Shares of BSR Real Estate Investment Trust stock opened at $19.68 on Thursday. BSR Real Estate Investment Trust has a 1 year low of $10.84 and a 1 year high of $22.70. The firm’s 50-day moving average is $19.91 and its two-hundred day moving average is $18.04.
Several equities research analysts have recently weighed in on BSRTF shares. BMO Capital Markets increased their target price on shares of BSR Real Estate Investment Trust from C$20.75 to C$25.00 in a research note on Friday, March 11th. Desjardins raised their price target on shares of BSR Real Estate Investment Trust from C$21.00 to C$23.00 in a research note on Thursday, February 10th. Finally, Raymond James raised their price target on shares of BSR Real Estate Investment Trust from C$23.50 to C$25.00 in a research note on Thursday, March 10th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $20.33.
BSR Real Estate Investment Trust Company Profile (Get Rating)
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 and secondary markets in the Sunbelt region of the United States.
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