Short Interest in NewRiver REIT plc (OTCMKTS:NRWRF) Rises By 5,400.0%

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

NewRiver REIT Price Performance

Shares of NRWRF stock remained flat at $0.76 during trading hours on Thursday. The company’s 50-day simple moving average is $0.87 and its two-hundred day simple moving average is $0.87. NewRiver REIT has a one year low of $0.63 and a one year high of $1.22.

NewRiver REIT Company Profile

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.