Shares of NexPoint Diversified Real Estate Trust (NXDT) Exceed 52-Week High

June 30, 2022 10:29:16

NexPoint Diversified Real Estate Trust (NYSE:NXDT) traded today at a new 52-week high of $16.61. This new high was reached on below average trading volume as 56,000 shares traded hands, while the average 30-day volume is approximately 146,000 shares.

NexPoint Diversified Real Estate Trust (NYSE:NXDT) defies analysts with a current price ($16.47) 4.1% above its average consensus price target of $15.79.

Over the past year, NexPoint Diversified Real Estate Trust has traded in a range of $12.64 to $16.61 and is now at $16.47, 30% above that low.

NexPoint Diversified Real Estate Trust is a non-diversified, closed-end management investment company. Its investment objective is to provide both current income and capital appreciation. The portfolio of the fund consists of financial, REIT, telecommunication, information technology, asset-backed securities, and others.

Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts

To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected

About IBN (InvestorBrandNetwork)

IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.

For more information on IBN, please visit https://www.InvestorBrandNetwork.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer