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

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

NewRiver REIT Stock Performance

Shares of NRWRF remained flat at $1.12 during mid-day trading on Wednesday. The stock’s 50-day moving average price is $0.98 and its two-hundred day moving average price is $0.92. NewRiver REIT has a 1-year low of $0.63 and a 1-year high of $1.12.

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.