New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Sees Significant Growth in Short Interest

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 198 shares, an increase of ∞ from the June 15th total of 0 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,035 shares, the short-interest ratio is presently 0.2 days.

New England Realty Associates Limited Partnership Stock Performance

NYSEAMERICAN NEN remained flat at $57.98 on Friday. 57 shares of the company’s stock were exchanged, compared to its average volume of 1,377. New England Realty Associates Limited Partnership has a 52 week low of $55.61 and a 52 week high of $74.00. The business has a fifty day moving average price of $58.95 and a 200 day moving average price of $61.36.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) last released its earnings results on Friday, March 13th. The company reported ($11.92) EPS for the quarter. The company had revenue of $23.58 million for the quarter.

New England Realty Associates Limited Partnership Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, June 15th.

Institutional Investors Weigh In On 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 purchased a new position in New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,401 shares of the company’s stock, valued at approximately $86,000.

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.