Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 32,000 shares, a decrease of 8.6% from the July 15th total of 35,000 shares. Based on an average daily trading volume, of 109,500 shares, the days-to-cover ratio is currently 0.3 days.
Fortune Real Estate Investment Trust Stock Performance
OTCMKTS FRIVF opened at $0.51 on Friday. The company has a 50-day simple moving average of $0.48 and a two-hundred day simple moving average of $0.50. Fortune Real Estate Investment Trust has a 12-month low of $0.45 and a 12-month high of $0.72.
Fortune Real Estate Investment Trust Company Profile
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.
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