Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 2,661,415 shares, an increase of 47.9% from the July 30th total of 1,799,415 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.
Fortune Real Estate Investment Trust Price Performance
Fortune Real Estate Investment Trust stock opened at $0.66 on Tuesday. Fortune Real Estate Investment Trust has a 1-year low of $0.59 and a 1-year high of $0.71. The business has a fifty day moving average price of $0.66 and a 200-day moving average price of $0.66.
Fortune Real Estate Investment Trust Company Profile
Fortune Real Estate Investment Trust (OTCMKTS: FRIVF) is a Hong Kong–based real estate investment trust formed in 2005 with a focus on income-generating commercial properties. The trust’s investment portfolio comprises primarily retail shopping centres and associated car park facilities located across key districts of Hong Kong. Its assets are designed to cater to local residents as well as visitors, with property mixes that include community retail, daily necessities, dining and personal services.
Since its establishment, Fortune REIT has pursued a strategy of acquiring and actively managing a diversified retail portfolio.
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