BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Stock Short Interest Drops 83.4%

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

BSR Real Estate Investment Trust Stock Performance

OTCMKTS BSRTF traded down $0.06 on Friday, reaching $11.05. The company’s stock had a trading volume of 1,744 shares, compared to its average volume of 21,714. The business has a 50-day moving average price of $11.44 and a 200 day moving average price of $11.58. BSR Real Estate Investment Trust has a 52 week low of $10.51 and a 52 week 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.