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

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 361,800 shares, a growth of 22.9% from the January 31st total of 294,300 shares. Based on an average daily trading volume, of 7,900 shares, the short-interest ratio is currently 45.8 days.

Analyst Upgrades and Downgrades

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

Boardwalk Real Estate Investment Trust Price Performance

Shares of OTCMKTS BOWFF opened at $45.94 on Thursday. Boardwalk Real Estate Investment Trust has a twelve month low of $41.49 and a twelve month high of $71.39. The firm has a fifty day simple moving average of $44.15 and a 200 day simple moving average of $52.04. The company has a market capitalization of $2.25 billion, a PE ratio of 6.84 and a beta of 1.53. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.56.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last posted its quarterly earnings results on Thursday, February 20th. The financial services provider reported $0.79 earnings per share for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 97.89% and a return on equity of 12.49%. The firm had revenue of $113.54 million during the quarter.

About Boardwalk Real Estate Investment Trust

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.