NewRiver REIT plc (OTCMKTS:NRWRF) Experiences Notable Increase in Short Interest

NewRiver REIT plc (OTCMKTS:NRWRFGet Free Report) 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 Stock 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.

NewRiver REIT is a real estate investment trust that focuses on the acquisition, management, and development of retail and leisure properties across the United Kingdom. Established to capitalize on opportunities within the retail sector, NewRiver aims to create value through strategic asset management and redevelopment initiatives. The company emphasizes a strong commitment to sustainability and community engagement, ensuring that its properties not only deliver financial returns but also contribute positively to the neighborhoods they serve. With a diversified portfolio, NewRiver is dedicated to navigating the evolving landscape of retail and leisure, adapting to changing consumer behaviors and market trends.

NewRiver REIT plc ('NewRiver') is a prominent Real Estate Investment Trust that focuses on the acquisition, management, and development of robust retail properties across the United Kingdom. Our extensive portfolio, valued at £0.6 billion, spans 6.4 million square feet and includes 25 community shopping centers as well as 12 strategically situated retail parks, primarily featuring tenants that offer essential goods and services.

Additional Resources

Receive News & Ratings for NewRiver REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewRiver REIT and related companies with MarketBeat.com's FREE daily email newsletter.