Fortune Real Estate Investment Trust (OTCMKTS:FRIVF) Short Interest Up 18.1% in March

Fortune Real Estate Investment Trust (OTCMKTS:FRIVF) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 111,000 shares, an increase of 18.1% from the March 15th total of 94,000 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,110.0 days.

Fortune Real Estate Investment Trust Price Performance

Shares of OTCMKTS:FRIVF opened at $0.49 on Tuesday. The company has a 50-day moving average price of $0.49 and a 200 day moving average price of $0.50. Fortune Real Estate Investment Trust has a 12 month low of $0.49 and a 12 month high of $0.53.

About Fortune Real Estate Investment Trust

Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighborhood mall in Singapore, comprising approximately 3 million sq.