Short Interest in New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Drops By 25.0%

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 1,200 shares, a decline of 25.0% from the September 30th total of 1,600 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 2.0 days.

New England Realty Associates Limited Partnership Stock Performance

Shares of New England Realty Associates Limited Partnership stock traded up $5.99 during trading hours on Friday, hitting $81.99. The company had a trading volume of 302 shares, compared to its average volume of 882. New England Realty Associates Limited Partnership has a twelve month low of $64.00 and a twelve month high of $84.00.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) last posted its quarterly earnings results on Thursday, August 8th. The company reported $34.77 earnings per share for the quarter. The company had revenue of $20.05 million for the quarter.

New England Realty Associates Limited Partnership Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend was Friday, September 13th.

About New England Realty Associates Limited Partnership

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire.