Japan Real Estate Investment Co. (OTCMKTS:JREIF) Short Interest Down 29.0% in January

Japan Real Estate Investment Co. (OTCMKTS:JREIF) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 3,298 shares, a drop of 29.0% from the January 15th total of 4,645 shares. Based on an average daily volume of 1 shares, the days-to-cover ratio is currently 3,298.0 days. Based on an average daily volume of 1 shares, the days-to-cover ratio is currently 3,298.0 days.

Analysts Set New Price Targets

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

Japan Real Estate Investment Stock Performance

OTCMKTS JREIF remained flat at $852.67 during trading on Friday. Japan Real Estate Investment has a 52-week low of $740.00 and a 52-week high of $920.40. The business has a fifty day moving average of $852.67 and a 200-day moving average of $851.47.

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.