Short Interest in BWP Trust (OTCMKTS:BUNNF) Drops By 70.3%

BWP Trust (OTCMKTS:BUNNF) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 29,702 shares, a drop of 70.3% from the June 30th total of 100,010 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

BWP Trust Stock Performance

BUNNF stock opened at $3.10 on Tuesday. The company’s fifty day simple moving average is $3.10 and its 200 day simple moving average is $3.10. BWP Trust has a 12-month low of $3.10 and a 12-month high of $3.10.

About BWP Trust

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.