Short Interest in Japan Hotel REIT Investment Co. (OTCMKTS:NIPOF) Declines By 34.2%

Japan Hotel REIT Investment Co. (OTCMKTS:NIPOFGet Free Report) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 9,246 shares, a decline of 34.2% from the December 31st total of 14,043 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.

Japan Hotel REIT Investment Stock Performance

Shares of NIPOF opened at $521.53 on Friday. The company’s fifty day simple moving average is $521.53 and its 200 day simple moving average is $520.38. Japan Hotel REIT Investment has a 1-year low of $457.29 and a 1-year high of $521.53.

Japan Hotel REIT Investment Company Profile

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Japan Hotel REIT Investment Corporation is a real estate investment trust focused on hotel properties across Japan. Established in 2007, the trust is listed on the Tokyo Stock Exchange and trades in the U.S. over-the-counter market under the symbol NIPOF. Its mandate centers on acquiring, owning and leasing mid- to upscale hotel assets, with an emphasis on locations that attract both domestic and international travelers.

The trust’s portfolio spans key urban centers and regional destinations, including properties in Tokyo, Osaka, Kyoto and major resort areas.

Further Reading

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