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

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

Fortune Real Estate Investment Trust Stock Performance

Shares of FRIVF stock remained flat at $0.50 during trading hours on Monday. The company has a 50-day moving average of $0.50 and a 200 day moving average of $0.50. Fortune Real Estate Investment Trust has a twelve month low of $0.49 and a twelve month high of $0.52.

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.