Fortune Real Estate Investment Trust (OTCMKTS:FRIVF) Short Interest Update

Fortune Real Estate Investment Trust (OTCMKTS:FRIVF) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 187,000 shares, an increase of 835.0% from the February 29th total of 20,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Fortune Real Estate Investment Trust Price Performance

Fortune Real Estate Investment Trust stock opened at $0.56 on Thursday. Fortune Real Estate Investment Trust has a fifty-two week low of $0.56 and a fifty-two week high of $0.86. The firm has a fifty day moving average price of $0.56 and a two-hundred day moving average price of $0.59.

About Fortune Real Estate Investment Trust

Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighborhood mall in Singapore, comprising 3 million sq.