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November 8, 2024
PI Global Investments
Real Estate

Short Interest in Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Declines By 16.4%



Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFFGet Free Report) was the recipient of a large decrease in short interest in the month of February. As of February 29th, there was short interest totalling 1,472,000 shares, a decrease of 16.4% from the February 14th total of 1,760,700 shares. Based on an average daily trading volume, of 4,200 shares, the days-to-cover ratio is presently 350.5 days.

Boardwalk Real Estate Investment Trust Stock Performance

OTCMKTS:BOWFF opened at $57.30 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.08 and a quick ratio of 0.08. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 5.33 and a beta of 1.37. Boardwalk Real Estate Investment Trust has a one year low of $39.00 and a one year high of $57.63. The business has a fifty day moving average price of $53.92 and a 200-day moving average price of $51.53.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFFGet Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The financial services provider reported $2.76 EPS for the quarter. The firm had revenue of $105.14 million during the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 17.33% and a net margin of 121.97%.

Boardwalk Real Estate Investment Trust Company Profile

(Get Free Report)

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.

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