Short Interest in BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Decreases By 7.6%

BSR Real Estate Investment Trust (OTCMKTS:BSRTF – Get Rating) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 54,500 shares, a decrease of 7.6% from the July 15th total of 59,000 shares. Based on an average daily trading volume of 14,100 shares, the short-interest ratio is currently 3.9 days.

Analyst Rating Changes

A number of brokerages have recently issued reports on BSRTF. National Bank Financial dropped their target price on shares in BSR Real Estate Investment Trust from C$24.50 to C$18.25 in a report on Wednesday, July 20th. Raymond James dropped their target price on shares of BSR Real Estate Investment Trust from C$25.00 to C$24.00 in a report on Tuesday, May 3rd.

BSR Real Estate Investment Trust Price Performance

BSR Real Estate Investment Trust stock opened at $17.21 on Thursday. BSR Real Estate Investment Trust has a twelve month low of $13.82 and a twelve month high of $22.70. The company’s 50-day moving average price is $15.69 and its two-hundred day moving average price is $17.87.

About BSR Real Estate Investment Trust

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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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