Short Interest in First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) Increases By 122.9%

First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 702 shares, a growth of 122.9% from the May 14th total of 315 shares. Based on an average daily trading volume, of 19,694 shares, the days-to-cover ratio is currently 0.0 days.

First Real Estate Investment Trust of New Jersey Trading Up 0.2%

Shares of OTCMKTS FREVS opened at $21.75 on Friday. First Real Estate Investment Trust of New Jersey has a 1 year low of $11.01 and a 1 year high of $23.00. The company’s 50-day moving average is $17.45 and its 200 day moving average is $15.07.

About First Real Estate Investment Trust of New Jersey

First Real Estate Investment Trust of New Jersey, Inc is a publicly traded (over-the-counter symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey.