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

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

NewRiver REIT Price Performance

OTCMKTS:NRWRF remained flat at $0.76 during trading hours on Thursday. NewRiver REIT has a 1-year low of $0.63 and a 1-year high of $1.22. The company has a 50 day simple moving average of $0.87 and a two-hundred day simple moving average of $0.87.

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.