Shares of BTB Real Estate Investment Trust (OTCMKTS:BTBIF – Get Free Report) shot up 1.4% on Monday . The stock traded as high as $2.32 and last traded at $2.32. 2,000 shares changed hands during trading, a decline of 58% from the average session volume of 4,755 shares. The stock had previously closed at $2.29.
BTB Real Estate Investment Trust Stock Performance
The stock’s 50 day simple moving average is $2.34 and its two-hundred day simple moving average is $2.47.
About BTB Real Estate Investment Trust
BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is a property owner active in Canada and owns 77 properties, representing a total leasable area of approximately 6.1 million square feet and a total asset value that surpasses $1.2 billion. BTB offers a distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at a price based on the weighted average price for BTB's Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by 3%.
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