Short Interest in New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Drops By 18.4%

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 3,100 shares, a decrease of 18.4% from the August 15th total of 3,800 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is presently 3.9 days.

New England Realty Associates Limited Partnership Price Performance

NEN stock opened at $81.00 on Monday. New England Realty Associates Limited Partnership has a 1 year low of $64.00 and a 1 year high of $81.50.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) last issued its quarterly earnings data on Thursday, August 8th. The company reported $34.77 earnings per share (EPS) for the quarter. The firm had revenue of $20.05 million during the quarter.

New England Realty Associates Limited Partnership Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.60 dividend on an annualized basis and a yield of 1.98%.

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.