Short Interest in BWP Trust (OTCMKTS:BUNNF) Rises By 204.3%

BWP Trust (OTCMKTS:BUNNF) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 363,377 shares, a growth of 204.3% from the May 14th total of 119,411 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

BWP Trust Stock Performance

BWP Trust stock opened at $3.10 on Friday. The firm has a 50 day simple moving average of $3.10 and a 200-day simple moving average of $3.10. BWP Trust has a 12-month low of $3.10 and a 12-month high of $3.10.

About BWP Trust

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). Bunnings is the leading retailer of home improvement and outdoor living products in Australia and New Zealand, and a major supplier to project builders, commercial trades people, and the housing industry.