Japan Real Estate Investment Co. (OTCMKTS:JREIF) Short Interest Down 29.0% in January

Japan Real Estate Investment Co. (OTCMKTS:JREIF) saw a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 3,298 shares, a decrease of 29.0% from the January 15th total of 4,645 shares. Based on an average daily volume of 1 shares, the short-interest ratio is currently 3,298.0 days. Based on an average daily volume of 1 shares, the short-interest ratio is currently 3,298.0 days.

Japan Real Estate Investment Price Performance

Shares of Japan Real Estate Investment stock remained flat at $852.67 during trading on Friday. The firm’s 50-day simple moving average is $852.67 and its 200-day simple moving average is $851.83. Japan Real Estate Investment has a 52-week low of $740.00 and a 52-week high of $920.40.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Japan Real Estate Investment to a “buy” rating in a research note on Sunday, December 14th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy”.

About Japan Real Estate Investment

Japan Real Estate Investment Corporation, trading as JREIF on the OTCMKTS, is the over-the-counter listing of Japan Real Estate Investment Corporation, one of Japan’s pioneering real estate investment trusts. The company is dedicated to acquiring, owning and managing a diversified portfolio of income-producing properties across Japan, with a primary emphasis on office and commercial assets.

JREIF’s holdings include office buildings, retail complexes, residential developments, hotels and logistics facilities.