Short Interest in First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) Increases By 122.9%

First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 702 shares, an increase of 122.9% from the May 14th total of 315 shares. Based on an average daily trading volume, of 19,694 shares, the short-interest ratio is currently 0.0 days.

First Real Estate Investment Trust of New Jersey Trading Up 0.2%

Shares of OTCMKTS FREVS opened at $21.75 on Friday. The firm’s 50 day moving average price is $17.45 and its 200-day moving average price is $15.07. First Real Estate Investment Trust of New Jersey has a 52-week low of $11.01 and a 52-week high of $23.00.

About First Real Estate Investment Trust of New Jersey

First Real Estate Investment Trust of New Jersey, Inc is a publicly traded (over-the-counter symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey.