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

NewRiver REIT plc (OTCMKTS:NRWRF) was the recipient of a large decline in short interest in October. As of October 31st, there was short interest totalling 5,800 shares, a decline of 57.0% from the October 15th total of 13,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

NewRiver REIT Stock Performance

Shares of OTCMKTS NRWRF remained flat at $1.12 during midday trading on Wednesday. NewRiver REIT has a 12 month low of $0.63 and a 12 month high of $1.12. The company’s 50-day simple moving average is $0.98 and its 200-day simple moving average is $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.