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 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 volume of 36,900 shares, the short-interest ratio is currently 0.7 days.

BSR Real Estate Investment Trust Stock Performance

Shares of BSR Real Estate Investment Trust stock opened at $13.03 on Thursday. BSR Real Estate Investment Trust has a one year low of $10.62 and a one year high of $14.39. The stock’s 50-day moving average is $12.12 and its 200-day moving average is $12.75.

BSR Real Estate Investment Trust Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.0467 per share. This is a boost from BSR Real Estate Investment Trust’s previous monthly dividend of $0.04. This represents a $0.56 annualized dividend and a dividend yield of 4.30%. The ex-dividend date 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.