New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Sees Significant Drop in Short Interest

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 700 shares, a drop of 22.2% from the November 30th total of 900 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 2.3 days.

New England Realty Associates Limited Partnership Stock Performance

Shares of New England Realty Associates Limited Partnership stock traded down $2.99 during trading hours on Friday, hitting $77.20. 470 shares of the company’s stock traded hands, compared to its average volume of 872. New England Realty Associates Limited Partnership has a twelve month low of $67.04 and a twelve month high of $84.00.

New England Realty Associates Limited Partnership Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $1.60 dividend on an annualized basis and a yield of 2.07%.

New England Realty Associates Limited Partnership Company Profile

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.