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

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 273,600 shares, a growth of 17.0% from the December 15th total of 233,900 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 195.4 days.

Analysts Set New Price Targets

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

Boardwalk Real Estate Investment Trust Trading Down 2.3 %

Shares of Boardwalk Real Estate Investment Trust stock opened at $42.03 on Friday. The company has a 50-day moving average of $46.99 and a two-hundred day moving average of $54.72. The stock has a market cap of $2.08 billion, a PE ratio of 14.39 and a beta of 1.54. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.56. Boardwalk Real Estate Investment Trust has a 12-month low of $41.87 and a 12-month high of $71.39.

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.