NewRiver REIT plc (OTCMKTS:NRWRF) Short Interest Update

NewRiver REIT plc (OTCMKTS:NRWRF) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a drop of 97.6% from the November 30th total of 4,100 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is currently 0.1 days.

NewRiver REIT Price Performance

Shares of NewRiver REIT stock remained flat at $0.76 during trading hours on Friday. NewRiver REIT has a 52-week low of $0.63 and a 52-week high of $1.22. The business’s 50-day moving average price is $1.03 and its two-hundred day moving average price is $0.91.

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.