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

NewRiver REIT plc (OTCMKTS:NRWRF) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 5,500 shares, a growth of 5,400.0% from the December 15th total of 100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 55.0 days.

NewRiver REIT Stock Performance

Shares of NRWRF remained flat at $0.76 during mid-day trading on Tuesday. The firm’s 50-day simple moving average is $0.95 and its two-hundred day simple moving average is $0.89. NewRiver REIT has a twelve month low of $0.63 and a twelve month 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.