Short Interest in Nippon Accommodations Fund Inc. (OTCMKTS:NIPPF) Rises By 30.0%

Nippon Accommodations Fund Inc. (OTCMKTS:NIPPF) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,300 shares, a growth of 30.0% from the March 31st total of 1,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Nippon Accommodations Fund Price Performance

Nippon Accommodations Fund stock opened at $4,603.29 on Tuesday. Nippon Accommodations Fund has a fifty-two week low of $4,603.29 and a fifty-two week high of $4,603.29. The company’s 50 day simple moving average is $4,603.29 and its 200 day simple moving average is $4,603.29.

About Nippon Accommodations Fund

NAF is a J-REIT that invests in "Accommodation Assets," which it defines as real estate that is mainly used/may be used for residence or hotels. Based on the Act on Investment Trusts and Investment Corporations (hereinafter "Investment Trust Act"), NAF was established on October 12, 2005, and was listed on the Real Estate Investment Trust Securities Market (J-REIT Market) of the Tokyo Stock Exchange on August 4, 2006 (securities code number: 3226).