First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) Sees Large Increase in Short Interest

First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 702 shares, an increase of 122.9% from the May 14th total of 315 shares. Based on an average trading volume of 19,694 shares, the days-to-cover ratio is currently 0.0 days.

First Real Estate Investment Trust of New Jersey Trading Up 0.2%

Shares of OTCMKTS FREVS traded up $0.04 during mid-day trading on Friday, hitting $21.75. 21,800 shares of the stock traded hands, compared to its average volume of 5,495. First Real Estate Investment Trust of New Jersey has a twelve month low of $11.01 and a twelve month high of $23.00. The firm has a 50 day simple moving average of $17.45 and a two-hundred day simple moving average of $15.07.

First Real Estate Investment Trust of New Jersey Company Profile

First Real Estate Investment Trust of New Jersey, Inc is a publicly traded (over-the-counter symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey.