Short Interest in NewRiver REIT plc (OTCMKTS:NRWRF) Grows By 32.2%

NewRiver REIT plc (OTCMKTS:NRWRF) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 7,800 shares, an increase of 32.2% from the January 15th total of 5,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

NewRiver REIT Stock Performance

Shares of NewRiver REIT stock remained flat at $0.76 during midday trading on Friday. The business’s 50-day simple moving average is $0.78 and its 200 day simple moving average is $0.87. NewRiver REIT has a fifty-two week low of $0.63 and a fifty-two week high of $1.22.

About NewRiver REIT

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.