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

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 292,508 shares, an increase of 96.0% from the July 15th total of 149,274 shares. Based on an average daily volume of 13,248 shares, the days-to-cover ratio is currently 22.1 days. Currently, 0.8% of the shares of the company are short sold.

Boardwalk Real Estate Investment Trust Price Performance

Shares of OTCMKTS:BOWFF opened at $46.34 on Monday. Boardwalk Real Estate Investment Trust has a 1-year low of $43.33 and a 1-year high of $52.35. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.26 and a quick ratio of 0.26. The stock has a market cap of $2.11 billion, a P/E ratio of -62.62 and a beta of 0.91. The firm has a fifty day moving average price of $46.23 and a 200 day moving average price of $47.36.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last posted its quarterly earnings data on Tuesday, July 28th. The financial services provider reported ($0.21) EPS for the quarter. Boardwalk Real Estate Investment Trust had a negative net margin of 4.86% and a negative return on equity of 0.64%. The business had revenue of $116.24 million during the quarter.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust is a Canada-based residential landlord specializing in multi-family rental apartments and manufactured home communities. The trust’s business model centers on acquiring, developing and managing residential properties that deliver stable, long-term cash flows. Boardwalk’s portfolio has historically included tens of thousands of residential suites and home sites spread across key Canadian markets.

The company’s core activities encompass property acquisition, asset management, and day-to-day property operations.