Short Interest in New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Declines By 25.0%

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 1,200 shares, a drop of 25.0% from the September 30th total of 1,600 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 2.0 days.

New England Realty Associates Limited Partnership Trading Up 7.9 %

Shares of NYSEAMERICAN:NEN traded up $5.99 on Friday, reaching $81.99. 302 shares of the company traded hands, compared to its average volume of 882. New England Realty Associates Limited Partnership has a fifty-two week low of $64.00 and a fifty-two week high of $84.00.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) last posted its quarterly earnings results on Thursday, August 8th. The company reported $34.77 EPS for the quarter. The company had revenue of $20.05 million for the quarter.

New England Realty Associates Limited Partnership Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.95%. The ex-dividend date was Friday, September 13th.

About New England Realty Associates Limited Partnership

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire.