First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) Sees Significant Decrease in Short Interest

First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 70 shares, a drop of 90.0% from the May 31st total of 702 shares. Based on an average daily volume of 15,266 shares, the days-to-cover ratio is currently 0.0 days.

First Real Estate Investment Trust of New Jersey Price Performance

Shares of OTCMKTS:FREVS traded up $0.16 during midday trading on Friday, reaching $21.35. The company’s stock had a trading volume of 200 shares, compared to its average volume of 5,589. The business has a 50 day moving average price of $18.75 and a 200 day moving average price of $15.68. First Real Estate Investment Trust of New Jersey has a 1 year low of $11.01 and a 1 year high of $23.00.

First Real Estate Investment Trust of New Jersey Company Profile

First Real Estate Investment Trust of New Jersey, Inc is a publicly traded (over-the-counter symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey.