BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Short Interest Update

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 74,246 shares, a decline of 83.4% from the August 31st total of 447,976 shares. Based on an average daily trading volume, of 58,153 shares, the days-to-cover ratio is presently 1.3 days.

BSR Real Estate Investment Trust Trading Up 1.1%

Shares of BSRTF traded up $0.12 during midday trading on Friday, hitting $11.23. 7,253 shares of the company traded hands, compared to its average volume of 21,752. The stock has a 50-day moving average of $11.43 and a 200-day moving average of $11.58. BSR Real Estate Investment Trust has a one year low of $10.51 and a one year high of $13.00.

BSR Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is a real estate investment trust focused on owning and operating multifamily residential properties in the southern United States. The trust generates revenue primarily through apartment rentals and related resident services.

BSR REIT’s portfolio has historically been concentrated in the Sun Belt, with properties in markets across Texas, Oklahoma and Arkansas. Its activities include property management, leasing, maintenance, capital improvements and the ongoing operation of apartment communities designed to serve a range of residential tenants.

The trust was established in 2018 in connection with the acquisition of a portfolio of multifamily properties from BSR Trust.