BWP Trust (OTCMKTS:BUNNF) Sees Large Drop in Short Interest

BWP Trust (OTCMKTS:BUNNF) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 80,713 shares, a decrease of 35.6% from the July 30th total of 125,328 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

BWP Trust Price Performance

Shares of BUNNF opened at $3.10 on Tuesday. BWP Trust has a 1 year low of $3.10 and a 1 year high of $3.10. The company has a 50 day simple moving average of $3.10 and a two-hundred day simple moving average 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.