Japan Metropolitan Fund Investment Co. (OTCMKTS:JRFIF) Short Interest Down 19.9% in March

Japan Metropolitan Fund Investment Co. (OTCMKTS:JRFIF) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,331 shares, a decrease of 19.9% from the February 26th total of 1,661 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Japan Metropolitan Fund Investment Stock Performance

Japan Metropolitan Fund Investment stock opened at $834.25 on Wednesday. The business has a fifty day moving average of $834.25 and a two-hundred day moving average of $715.79. Japan Metropolitan Fund Investment has a twelve month low of $623.98 and a twelve month high of $834.25.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Japan Metropolitan Fund Investment from a “neutral” rating to a “buy” rating in a report on Sunday, December 14th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Japan Metropolitan Fund Investment Company Profile

Japan Metropolitan Fund Investment Corporation is a real estate investment trust (REIT) established under the Investment Trust and Investment Corporation Law of Japan. Listed on the Tokyo Stock Exchange, the company seeks to provide investors with stable distribution income and medium- to long-term capital gains through investments in income-producing real estate.

The company’s primary business activity is the acquisition, ownership and management of office and commercial properties located in the Tokyo metropolitan area.