Short Interest in First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) Decreases By 27.8%

First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 2,600 shares, a decline of 27.8% from the September 15th total of 3,600 shares. Based on an average trading volume of 2,900 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 2,900 shares, the days-to-cover ratio is presently 0.9 days.

First Real Estate Investment Trust of New Jersey Trading Up 0.4%

OTCMKTS:FREVS opened at $13.45 on Friday. The company has a fifty day moving average of $14.16 and a 200-day moving average of $15.36. First Real Estate Investment Trust of New Jersey has a twelve month low of $13.00 and a twelve month high of $18.00.

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.