New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Sees Large Increase in Short Interest

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 491 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average daily volume of 589 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On New England Realty Associates Limited Partnership

A hedge fund recently bought a new stake in New England Realty Associates Limited Partnership stock. Susquehanna International Group LLP acquired a new position in shares of New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,434 shares of the company’s stock, valued at approximately $246,000. Susquehanna International Group LLP owned about 0.12% of New England Realty Associates Limited Partnership as of its most recent filing with the Securities and Exchange Commission (SEC).

New England Realty Associates Limited Partnership Stock Down 4.1%

Shares of NEN traded down $2.48 during trading hours on Friday, hitting $57.52. 534 shares of the stock were exchanged, compared to its average volume of 1,373. New England Realty Associates Limited Partnership has a 12-month low of $56.00 and a 12-month high of $74.50. The stock’s 50-day moving average price is $59.56 and its two-hundred day moving average price is $62.66.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) last issued its quarterly earnings results on Friday, March 13th. The company reported ($11.92) EPS for the quarter. The company had revenue of $23.58 million during the quarter.

New England Realty Associates Limited Partnership Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a yield of 2.8%.

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.