NewRiver REIT plc (OTCMKTS:NRWRF – Get Free Report) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 224 shares, a decline of 86.8% from the August 31st total of 1,694 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
NewRiver REIT Price Performance
Shares of NRWRF opened at $1.02 on Friday. NewRiver REIT has a 52-week low of $1.02 and a 52-week high of $1.05. The stock has a 50 day moving average price of $1.02 and a 200 day moving average price of $1.01.
Wall Street Analysts Forecast Growth
Separately, Barclays reaffirmed an “overweight” rating on shares of NewRiver REIT in a research report on Monday, August 24th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company 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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