BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Short Interest Up 362.1% in March

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) was the recipient of a significant increase in short interest in the month of 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 volume of 36,900 shares, the short-interest ratio is presently 0.7 days.

BSR Real Estate Investment Trust Trading Up 0.8 %

BSRTF stock opened at $13.28 on Friday. BSR Real Estate Investment Trust has a 1-year low of $10.62 and a 1-year high of $14.39. The business’s 50 day moving average is $12.15 and its 200-day moving average is $12.75.

BSR Real Estate Investment Trust Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.0467 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 4.22%. This is a boost from BSR Real Estate Investment Trust’s previous monthly dividend of $0.04. The ex-dividend date of this dividend is Monday, March 31st.

About BSR Real Estate Investment Trust

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.