Fortune Real Estate Investment Trust (OTCMKTS:FRIVF) Short Interest Down 5.3% in December

Fortune Real Estate Investment Trust (OTCMKTS:FRIVF) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 467,000 shares, a decline of 5.3% from the December 15th total of 493,000 shares. Based on an average daily volume of 122,200 shares, the days-to-cover ratio is currently 3.8 days.

Fortune Real Estate Investment Trust Stock Performance

Shares of FRIVF stock opened at $0.50 on Monday. Fortune Real Estate Investment Trust has a 52 week low of $0.49 and a 52 week high of $0.52. The stock’s fifty day moving average is $0.50 and its 200-day moving average is $0.50.

Fortune Real Estate Investment Trust Company Profile

Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighborhood mall in Singapore, comprising approximately 3 million sq.