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oardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) saw a significant increase in short interest in January, with 273,600 shares shorted as of January 15th, up 17.0% from the December 31st total of 233,900 shares. The days-to-cover ratio is now 195.4 days based on an average trading volume of 1,400 shares.
BMO Capital Markets downgraded Boardwalk Real Estate Investment Trust to a "hold" rating in a research report on December 18th.
Shares of BOWFF traded up $0.60 on Friday, reaching $43.38 with 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 market capitalization of $2.14 billion, a price-to-earnings ratio of 4.38, and a beta of 1.54. The company reported $0.82 EPS for the quarter ended November 5th, with revenue of $112.46 million.
Boardwalk REIT is a leading owner/operator of multi-family rental communities in Canada, providing homes in over 200 communities with more than 34,000 residential suites totaling over 29 million net rentable square feet.
