New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Short Interest Update

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 86 shares, a drop of 66.3% from the July 30th total of 255 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 709 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of New England Realty Associates Limited Partnership

A hedge fund recently bought a new stake in New England Realty Associates Limited Partnership stock. Royal Bank of Canada acquired a new position in New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,401 shares of the company’s stock, valued at approximately $86,000.

New England Realty Associates Limited Partnership Stock Performance

NYSEAMERICAN:NEN traded down $0.51 during midday trading on Friday, hitting $55.49. 647 shares of the company traded hands, compared to its average volume of 1,337. The firm’s fifty day moving average is $56.92 and its 200-day moving average is $59.56. New England Realty Associates Limited Partnership has a 12-month low of $52.08 and a 12-month high of $73.50.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) last posted its quarterly earnings data on Friday, August 7th. The company reported ($9.99) EPS for the quarter. The business had revenue of $24.40 million for the quarter.

New England Realty Associates Limited Partnership Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.9%.

About New England Realty Associates Limited Partnership

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 apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire. NewReal, Inc serves as the general partner of the company. New England Realty Associates Limited Partnership was incorporated in 1977 and is headquartered in Allston, Massachusetts.