New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Short Interest Down 66.3% in August

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 86 shares, a decline of 66.3% from the July 30th total of 255 shares. Based on an average daily trading volume, of 709 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

New England Realty Associates Limited Partnership Stock Down 0.9%

NEN stock traded down $0.51 during trading on Friday, reaching $55.49. 647 shares of the stock were exchanged, compared to its average volume of 1,337. The firm’s 50 day moving average is $56.87 and its 200 day moving average is $59.53. New England Realty Associates Limited Partnership has a twelve month low of $52.08 and a twelve month high of $73.50.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) last announced its quarterly earnings data on Friday, August 7th. The company reported ($9.99) EPS for the quarter. The business had revenue of $24.40 million during the quarter.

New England Realty Associates Limited Partnership Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, September 15th.

Institutional Trading of New England Realty Associates Limited Partnership

A hedge fund recently bought a new stake in New England Realty Associates Limited Partnership stock. Royal Bank of Canada acquired a new position in shares of New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,401 shares of the company’s stock, valued at approximately $86,000.

About New England Realty Associates Limited Partnership

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire. NewReal, Inc serves as the general partner of the company. New England Realty Associates Limited Partnership was incorporated in 1977 and is headquartered in Allston, Massachusetts.