BWP Trust (OTC:BUNNF) Sees Significant Increase in Short Interest

BWP Trust (OTC:BUNNF) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 15,300 shares, an increase of 200.0% from the August 31st total of 5,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

BWP Trust Price Performance

Shares of BUNNF stock opened at $3.10 on Friday. The business has a 50-day simple moving average of $3.10 and a 200-day simple moving average of $3.10. BWP Trust has a 52-week low of $3.10 and a 52-week high of $3.10.

BWP Trust Company Profile

Established and listed on the Australian Securities Exchange (ASX) in 1998 (see prospectus), BWP Trust (BWP or the Trust) is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited (Bunnings).