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

BWP Trust (OTCMKTS:BUNNF) was the recipient 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 days-to-cover ratio is currently ∞ days.

BWP Trust Price Performance

Shares of BWP Trust stock remained flat at $3.10 during trading on Friday. BWP Trust has a fifty-two week low of $3.10 and a fifty-two week high of $3.10. The company has a 50 day moving average price of $3.10 and a two-hundred day moving average price 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). 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.