Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 2,661,415 shares, a growth of 47.9% from the July 30th total of 1,799,415 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Fortune Real Estate Investment Trust Stock Performance
FRIVF stock opened at $0.66 on Wednesday. The firm has a 50 day moving average price of $0.66 and a 200-day moving average price of $0.66. Fortune Real Estate Investment Trust has a 52-week low of $0.59 and a 52-week high of $0.71.
Fortune Real Estate Investment Trust Company Profile
Fortune Real Estate Investment Trust (OTCMKTS: FRIVF) is a Hong Kong–based real estate investment trust formed in 2005 with a focus on income-generating commercial properties. The trust’s investment portfolio comprises primarily retail shopping centres and associated car park facilities located across key districts of Hong Kong. Its assets are designed to cater to local residents as well as visitors, with property mixes that include community retail, daily necessities, dining and personal services.
Since its establishment, Fortune REIT has pursued a strategy of acquiring and actively managing a diversified retail portfolio.
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