Short Interest in Fortune Real Estate Investment Trust (OTCMKTS:FRIVF) Decreases By 14.9%

Fortune Real Estate Investment Trust (OTCMKTS:FRIVF) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 80,000 shares, a decrease of 14.9% from the January 31st total of 94,000 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is currently 47.1 days.

Fortune Real Estate Investment Trust Stock Performance

Shares of FRIVF remained flat at $0.49 during midday trading on Thursday. Fortune Real Estate Investment Trust has a twelve month low of $0.49 and a twelve month high of $0.53. The company’s 50-day moving average price is $0.50 and its two-hundred day moving average price is $0.50.

About Fortune Real Estate Investment Trust

Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighborhood mall in Singapore, comprising approximately 3 million sq.