New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Sees Significant Increase in Short Interest

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 198 shares, a growth of ∞ from the June 15th total of 0 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,035 shares, the short-interest ratio is presently 0.2 days.

New England Realty Associates Limited Partnership Stock Performance

Shares of NEN opened at $57.98 on Friday. New England Realty Associates Limited Partnership has a 1 year low of $55.61 and a 1 year high of $74.00. The stock has a 50-day simple moving average of $58.90 and a 200-day simple moving average of $61.34.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) last released its earnings results on Friday, March 13th. The company reported ($11.92) earnings per share for the quarter. The company had revenue of $23.58 million for the quarter.

New England Realty Associates Limited Partnership Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a $0.40 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.8%.

Institutional Investors Weigh In On New England Realty Associates Limited Partnership

A hedge fund recently bought a new stake in New England Realty Associates Limited Partnership stock. Susquehanna International Group LLP bought a new position in shares of New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,434 shares of the company’s stock, valued at approximately $246,000. Susquehanna International Group LLP owned approximately 0.12% of New England Realty Associates Limited Partnership at the end of the most recent quarter.

New England Realty Associates Limited Partnership Company Profile

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire. NewReal, Inc serves as the general partner of the company. New England Realty Associates Limited Partnership was incorporated in 1977 and is headquartered in Allston, Massachusetts.