NewRiver REIT plc (OTCMKTS:NRWRF) Short Interest Update

NewRiver REIT plc (OTCMKTS:NRWRF) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,900 shares, a drop of 48.6% from the February 28th total of 3,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

NewRiver REIT Stock Performance

Shares of NRWRF stock remained flat at $0.88 during trading hours on Friday. The stock’s 50-day moving average is $0.83 and its 200 day moving average is $0.91. NewRiver REIT has a 52 week low of $0.63 and a 52 week 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.