BWP Trust (OTCMKTS:BUNNF) Short Interest Up 322.0% in July

BWP Trust (OTCMKTS:BUNNF) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 125,328 shares, an increase of 322.0% from the July 15th total of 29,702 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

BWP Trust Price Performance

Shares of BUNNF opened at $3.10 on Friday. BWP Trust has a twelve month low of $3.10 and a twelve month high of $3.10. The stock’s fifty day simple moving average is $3.10 and its 200 day simple moving average is $3.10.

BWP Trust Company Profile

Established and listed on the Australian Securities Exchange (ASX) in 1998 (see prospectus), BWP Trust (BWP or the Trust) is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited (Bunnings). Bunnings is the leading retailer of home improvement and outdoor living products in Australia and New Zealand, and a major supplier to project builders, commercial trades people, and the housing industry.