NewRiver REIT plc (OTCMKTS:NRWRF – Get Free Report) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 2,094 shares, a growth of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
NewRiver REIT Price Performance
NewRiver REIT stock opened at $1.02 on Tuesday. The firm’s fifty day moving average price is $1.02 and its two-hundred day moving average price is $1.00. NewRiver REIT has a 1-year low of $1.02 and a 1-year high of $1.05.
Analysts Set New Price Targets
Separately, Barclays reaffirmed an “overweight” rating on shares of NewRiver REIT in a research note on Monday, August 24th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, NewRiver REIT presently has an average rating of “Buy”.
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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