NewRiver REIT plc (OTCMKTS:NRWRF) Short Interest Up ∞ in August

NewRiver REIT plc (OTCMKTS:NRWRF) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 2,094 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

NewRiver REIT Stock Performance

Shares of NRWRF stock opened at $1.02 on Friday. The company has a fifty day moving average price of $1.02 and a two-hundred day moving average price of $1.00. NewRiver REIT has a one year low of $1.02 and a one year high of $1.05.

Wall Street Analyst Weigh In

Separately, Barclays reiterated an “overweight” rating on shares of NewRiver REIT in a report on Monday, August 24th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, NewRiver REIT presently has a consensus rating of “Buy”.

About NewRiver REIT

NewRiver REIT (OTCMKTS:NRWRF) is a United Kingdom–focused real estate investment trust specializing in retail, leisure and industrial property assets. The company’s portfolio spans convenience-led retail, retail parks and mixed-use high-street developments, with a strategic emphasis on locations that generate sustainable rental income and offer potential for capital growth. NewRiver REIT operates a UK portfolio, leveraging in-house asset management expertise to enhance tenant mix, operational efficiency and visitor experience across its holdings.

Since its initial public listing on the London Stock Exchange in 2010, NewRiver REIT has pursued a value-add approach, acquiring and managing a diversified collection of town-centre and out-of-town retail assets.