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

NewRiver REIT plc (OTCMKTS:NRWRF) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 5,000 shares, an increase of 163.2% from the March 15th total of 1,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

NewRiver REIT Trading Up 13.1 %

OTCMKTS NRWRF traded up $0.10 during trading hours on Tuesday, reaching $0.86. The company had a trading volume of 148 shares, compared to its average volume of 2,967. NewRiver REIT has a 1-year low of $0.63 and a 1-year high of $1.22. The stock has a 50-day moving average of $0.86 and a 200 day moving average of $0.93.

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.