Japan Real Estate Investment Co. (OTCMKTS:JREIF) Short Interest Down 29.0% in January

Japan Real Estate Investment Co. (OTCMKTS:JREIF) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 3,298 shares, a decrease of 29.0% from the January 15th total of 4,645 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is currently 3,298.0 days. Based on an average daily trading volume, of 1 shares, the short-interest ratio is currently 3,298.0 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Japan Real Estate Investment to a “buy” rating in a report on Sunday, December 14th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Japan Real Estate Investment presently has an average rating of “Buy”.

Japan Real Estate Investment Price Performance

Shares of JREIF remained flat at $852.67 during trading hours on Friday. Japan Real Estate Investment has a 1-year low of $740.00 and a 1-year high of $920.40. The stock’s 50-day moving average is $852.67 and its 200-day moving average is $851.47.

Japan Real Estate Investment Company Profile

Japan Real Estate Investment Corporation, trading as JREIF on the OTCMKTS, is the over-the-counter listing of Japan Real Estate Investment Corporation, one of Japan’s pioneering real estate investment trusts. The company is dedicated to acquiring, owning and managing a diversified portfolio of income-producing properties across Japan, with a primary emphasis on office and commercial assets.

JREIF’s holdings include office buildings, retail complexes, residential developments, hotels and logistics facilities.