BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Shares Down 1.4% – Here’s Why

BTB Real Estate Investment Trust (OTCMKTS:BTBIF)’s share price fell 1.4% during mid-day trading on Friday . The stock traded as low as $2.49 and last traded at $2.49. 400 shares traded hands during trading, a decline of 82% from the average session volume of 2,213 shares. The stock had previously closed at $2.52.

BTB Real Estate Investment Trust Stock Down 1.4 %

The company has a 50 day moving average of $2.61 and a 200 day moving average of $2.47.

About BTB Real Estate Investment Trust

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%.