After Reaching Milestone, Is BOARDWALK REAL ESTATE INVESTMENT TRUST U (OTCMKTS:BOWFF)’s Short Interest Revealing Something?

May 18, 2018 - By Louis Casey

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Logo

The stock of BOARDWALK REAL ESTATE INVESTMENT TRUST U (OTCMKTS:BOWFF) registered an increase of 0.77% in short interest. BOWFF’s total short interest was 5.38 million shares in May as published by FINRA. Its up 0.77% from 5.33 million shares, reported previously. With 400 shares average volume, it will take short sellers 13438 days to cover their BOWFF’s short positions. The short interest to BOARDWALK REAL ESTATE INVESTMENT TRUST U’s float is 16.45%.

It closed at $37.1058 lastly. It is down 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Boardwalk REIT strives to be Canada's friendliest communities and currently owns and operates more than 200 communities with over 33,000 residential units totaling over 28 million net rentable square feet. The company has market cap of $1.88 billion. Boardwalk's principal objectives are to provide its Residents with the best quality communities and superior customer service, while providing Unitholders with sustainable monthly cash distributions, and increase the value of its trust units through selective acquisitions, dispositions, development, and effective management of its residential multi-family communities. It has a 56.82 P/E ratio. Boardwalk REIT is vertically integrated and is Canada's leading owner/operator of multi-family communities with 1,700 Associates bringing Residents home to properties located in Alberta, Saskatchewan, Ontario, and Quebec.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.