New England Realty Associates LP (NYSEAMERICAN:NEN) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,300 shares, an increase of 35.3% from the September 30th total of 1,700 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 2.3 days.
A hedge fund recently bought a new stake in New England Realty Associates stock. Advisor Group Inc. purchased a new stake in New England Realty Associates LP (NYSEAMERICAN:NEN) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 3,120 shares of the company’s stock, valued at approximately $184,000. Advisor Group Inc. owned about 0.11% of New England Realty Associates at the end of the most recent reporting period.
Shares of NEN stock opened at $61.00 on Thursday. New England Realty Associates has a one year low of $52.00 and a one year high of $66.39.
New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartment buildings, condominium units, and commercial properties located in Massachusetts and New Hampshire.
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