Fortune Real Estate Investment Trust (OTCMKTS:FRIVF) Sees Significant Increase in Short Interest

by · The Markets Daily

Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 252,000 shares, a growth of 64.7% from the September 15th total of 153,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Fortune Real Estate Investment Trust Price Performance

OTCMKTS:FRIVF remained flat at $0.51 during mid-day trading on Monday. Fortune Real Estate Investment Trust has a 1 year low of $0.45 and a 1 year high of $0.62. The firm has a 50 day moving average of $0.50 and a two-hundred day moving average of $0.48.

Fortune Real Estate Investment Trust Company Profile

(Get Free Report)

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 approximately 3 million sq.

Featured Articles