NewRiver REIT plc (OTCMKTS:NRWRF) Sees Large Decrease in Short Interest

NewRiver REIT plc (OTCMKTS:NRWRF) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,900 shares, a decrease of 48.6% from the February 28th total of 3,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

NewRiver REIT Price Performance

NewRiver REIT stock remained flat at $0.88 during midday trading on Friday. NewRiver REIT has a 52-week low of $0.63 and a 52-week high of $1.22. The business has a 50 day moving average price of $0.83 and a 200-day moving average price of $0.92.

NewRiver REIT Company Profile

NewRiver REIT plc (‘NewRiver’) is a leading Real Estate Investment Trust specialising in buying, managing and developing resilient retail assets throughout the UK. Our £0.6 billion UK wide portfolio covers 6.4 million sq ft and comprises 25 community shopping centres and 12 conveniently located retail parks occupied by tenants predominately focused on essential goods and services.