BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Sees Large Decrease in Short Interest

BTB Real Estate Investment Trust logoBTB Real Estate Investment Trust (OTCMKTS:BTBIF – Get Rating) saw a large drop in short interest in January. As of January 31st, there was short interest totaling 190,500 shares, a drop of 6.7% from the January 15th total of 204,200 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 238.1 days.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on BTBIF. Royal Bank of Canada lowered their target price on BTB Real Estate Investment Trust from C$4.25 to C$4.00 in a research note on Wednesday, November 9th. National Bank Financial boosted their price target on BTB Real Estate Investment Trust from C$3.65 to C$4.00 in a research report on Monday, January 30th.

BTB Real Estate Investment Trust Stock Down 0.3 %

OTCMKTS BTBIF opened at $2.84 on Friday. The firm’s fifty day simple moving average is $2.78 and its 200-day simple moving average is $2.70. BTB Real Estate Investment Trust has a 1-year low of $2.26 and a 1-year high of $3.51.

About BTB Real Estate Investment Trust

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BTB Real Estate Investment Trust engages in the ownership of properties. The firm offers management philosophy, sentinelle, boma best, and sustainable development services. It operates through the following segments: Office, Retail and Industrial. The company was founded by Michel Leonard on July 12, 2006 and is headquartered in Montréal, Canada.

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