Short Interest in Blue Ridge Real Estate Co. (OTCMKTS:BRRE) Grows By 5,000.0%

Blue Ridge Real Estate Co. (OTCMKTS:BRRE) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 102 shares, a growth of 5,000.0% from the April 15th total of 2 shares. Based on an average trading volume of 4,295 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Blue Ridge Real Estate Price Performance

BRRE remained flat at $9.84 on Monday. The company has a market cap of $23.71 million, a price-to-earnings ratio of -28.94 and a beta of 0.21. The stock’s 50 day simple moving average is $8.85 and its 200 day simple moving average is $8.71. Blue Ridge Real Estate has a 12 month low of $7.00 and a 12 month high of $15.35.

Blue Ridge Real Estate (OTCMKTS:BRRE) last announced its quarterly earnings results on Tuesday, March 17th. The company reported ($0.28) EPS for the quarter. Blue Ridge Real Estate had a negative net margin of 12.05% and a negative return on equity of 4.11%. The company had revenue of $0.89 million for the quarter.

Blue Ridge Real Estate Company Profile

Blue Ridge Real Estate Company owns investment properties in Eastern Pennsylvania. It operates in three segments: Resort Operations, Real Estate Management/Rental Operations, and Land Resource Management. The Resort Operations segment operates amenities surrounding Big Boulder Lake, including Boulder View Tavern and Boulder Lake Club; the Jack Frost National Golf Course; and the Stretch fishing club. The Real Estate Management/Rental Operations segment owns investment properties that are leased to others located in Eastern Pennsylvania.