First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) Short Interest Down 93.8% in March

First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS – Get Rating) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 100 shares, a decrease of 93.8% from the March 15th total of 1,600 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is presently 0.1 days.

FREVS remained flat at $$24.48 on Wednesday. The firm’s 50 day simple moving average is $24.65 and its two-hundred day simple moving average is $22.89. First Real Estate Investment Trust of New Jersey has a 1 year low of $16.75 and a 1 year high of $27.00.

About First Real Estate Investment Trust of New Jersey (Get Rating)

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

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