Japan Real Estate Investment Co. (OTCMKTS:JREIF) Short Interest Down 30.7% in January

Japan Real Estate Investment Co. (OTCMKTS:JREIF) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 4,645 shares, a decrease of 30.7% from the December 31st total of 6,707 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Japan Real Estate Investment to a “buy” rating in a research report on Sunday, December 14th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Japan Real Estate Investment currently has a consensus rating of “Buy”.

Japan Real Estate Investment Price Performance

Shares of Japan Real Estate Investment stock opened at $852.67 on Friday. The stock’s fifty day moving average is $852.67 and its 200 day moving average is $847.81. Japan Real Estate Investment has a one year low of $740.00 and a one year high of $920.40.

About Japan Real Estate Investment

Japan Real Estate Investment Corporation, trading as JREIF on the OTCMKTS, is the over-the-counter listing of Japan Real Estate Investment Corporation, one of Japan’s pioneering real estate investment trusts. The company is dedicated to acquiring, owning and managing a diversified portfolio of income-producing properties across Japan, with a primary emphasis on office and commercial assets.

JREIF’s holdings include office buildings, retail complexes, residential developments, hotels and logistics facilities.