Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 3,571,547 shares, a growth of 149.1% from the September 15th total of 1,434,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.
Fortune Real Estate Investment Trust Price Performance
Shares of FRIVF remained flat at $0.53 during trading hours on Wednesday. Fortune Real Estate Investment Trust has a fifty-two week low of $0.53 and a fifty-two week high of $0.71. The business has a 50-day moving average of $0.58 and a 200 day moving average of $0.63.
Fortune Real Estate Investment Trust Company Profile
Fortune Real Estate Investment Trust is a Hong Kong-based real estate investment trust focused on income-producing retail properties. Its portfolio primarily comprises shopping malls and retail centers serving residential communities, along with related car-parking facilities and other ancillary properties.
The trust’s properties are located in Hong Kong and include community-focused destinations such as Fortune Kingswood in Tin Shui Wai, Fortune City One in Sha Tin, Fortune Metropolis in Hung Hom and Fortune Olympia in West Kowloon.
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