NewRiver REIT plc (OTCMKTS:NRWRF) Sees Significant Growth in Short Interest

NewRiver REIT plc (OTCMKTS:NRWRF) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 5,500 shares, an increase of 5,400.0% from the December 15th total of 100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 55.0 days.

NewRiver REIT Stock Performance

Shares of NewRiver REIT stock remained flat at $0.76 during mid-day trading on Monday. NewRiver REIT has a 12 month low of $0.63 and a 12 month high of $1.22. The firm has a fifty day moving average of $0.96 and a 200-day moving average of $0.89.

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.