Short Interest in Japan Hotel REIT Investment Co. (OTCMKTS:NIPOF) Increases By 94.8%

Japan Hotel REIT Investment Co. (OTCMKTS:NIPOF) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 14,043 shares, a growth of 94.8% from the December 15th total of 7,210 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Japan Hotel REIT Investment Stock Performance

OTCMKTS:NIPOF opened at $521.53 on Friday. The firm’s fifty day moving average price is $521.53 and its 200 day moving average price is $518.98. Japan Hotel REIT Investment has a 1-year low of $457.29 and a 1-year high of $521.53.

About Japan Hotel REIT Investment

Japan Hotel REIT Investment Corporation is a real estate investment trust focused on hotel properties across Japan. Established in 2007, the trust is listed on the Tokyo Stock Exchange and trades in the U.S. over-the-counter market under the symbol NIPOF. Its mandate centers on acquiring, owning and leasing mid- to upscale hotel assets, with an emphasis on locations that attract both domestic and international travelers.

The trust’s portfolio spans key urban centers and regional destinations, including properties in Tokyo, Osaka, Kyoto and major resort areas.