Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Short Interest Update

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 273,600 shares, an increase of 17.0% from the December 31st total of 233,900 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is presently 195.4 days.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets lowered Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th.

Boardwalk Real Estate Investment Trust Stock Performance

Shares of OTCMKTS:BOWFF traded up $0.60 during midday trading on Friday, hitting $43.38. The company’s stock had a trading volume of 1,458 shares, compared to its average volume of 678. The stock’s 50 day simple moving average is $45.53 and its 200 day simple moving average is $53.97. Boardwalk Real Estate Investment Trust has a fifty-two week low of $41.87 and a fifty-two week high of $71.39. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 4.38 and a beta of 1.54. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.29 and a current ratio of 0.29.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last announced its quarterly earnings data on Tuesday, November 5th. The financial services provider reported $0.82 EPS for the quarter. The business had revenue of $112.46 million during the quarter. Boardwalk Real Estate Investment Trust had a net margin of 117.99% and a return on equity of 15.06%.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk REIT strives to be Canada’s friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.