NewRiver REIT plc (OTCMKTS:NRWRF) Stock Short Interest Declines 86.8%

NewRiver REIT plc (OTCMKTS:NRWRF) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 224 shares, a decrease 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.

Analyst Upgrades and Downgrades

Separately, Barclays reaffirmed an “overweight” rating on shares of NewRiver REIT in a research note on Monday, August 24th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

NewRiver REIT Price Performance

Shares of NRWRF stock opened at $1.02 on Friday. The stock’s fifty day moving average price is $1.02 and its two-hundred day moving average price is $1.01. NewRiver REIT has a fifty-two week low of $1.02 and a fifty-two week high of $1.05.

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.