New England Realty Associates LP (NYSEAMERICAN:NEN) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totalling 5,200 shares, a decline of 13.3% from the June 30th total of 6,000 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is presently 4.3 days. Approximately 0.3% of the shares of the company are short sold.

Shares of NEN stock opened at $57.27 on Friday. New England Realty Associates has a 52 week low of $52.00 and a 52 week high of $68.05.

An institutional investor recently bought a new position in New England Realty Associates stock. Advisor Group Inc. bought a new stake in New England Realty Associates LP (NYSEAMERICAN:NEN) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,120 shares of the company’s stock, valued at approximately $184,000. Advisor Group Inc. owned 0.11% of New England Realty Associates as of its most recent SEC filing.

New England Realty Associates Company Profile

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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