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

NewRiver REIT plc (OTCMKTS:NRWRF) was the target of a significant increase in short interest in the month of 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 volume of 100 shares, the short-interest ratio is currently 55.0 days.

NewRiver REIT Price Performance

Shares of NRWRF remained flat at $0.76 on Monday. NewRiver REIT has a 52 week low of $0.63 and a 52 week high of $1.22. The company’s 50-day moving average is $0.96 and its 200-day moving average is $0.89.

About NewRiver REIT

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.