NewRiver REIT plc (OTCMKTS:NRWRF – Get Free Report) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 8,600 shares, a drop of 55.1% from the January 15th total of 19,149 shares. Based on an average daily volume of 9,529 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 9,529 shares, the short-interest ratio is presently 0.9 days.
NewRiver REIT Stock Performance
Shares of OTCMKTS NRWRF opened at $0.98 on Friday. The stock’s 50 day moving average price is $0.98 and its two-hundred day moving average price is $0.98. NewRiver REIT has a 52-week low of $0.76 and a 52-week high of $1.22.
About NewRiver REIT
NewRiver REIT (OTCMKTS:NRWRF) is a United Kingdom–focused real estate investment trust specializing in retail, leisure and industrial property assets. The company’s portfolio spans convenience-led retail, retail parks and mixed-use high-street developments, with a strategic emphasis on locations that generate sustainable rental income and offer potential for capital growth. NewRiver REIT operates a UK portfolio, leveraging in-house asset management expertise to enhance tenant mix, operational efficiency and visitor experience across its holdings.
Since its initial public listing on the London Stock Exchange in 2010, NewRiver REIT has pursued a value-add approach, acquiring and managing a diversified collection of town-centre and out-of-town retail assets.
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