Short Interest Summary: What’s Next for Tier Reit Incorporated (NYSE:TIER) After Having More Shares Shorted?

November 17, 2016 - By Vivian Park   ·   0 Comments

Short Interest Summary: What's Next for Tier Reit Incorporated (NYSE:TIER) After Having More Shares Shorted?

The stock of Tier Reit Incorporated (NYSE:TIER) registered an increase of 2.51% in short interest. TIER’s total short interest was 1.44M shares in November as published by FINRA. Its up 2.51% from 1.40 million shares, reported previously. With 214,100 shares average volume, it will take short sellers 7 days to cover their TIER’s short positions. The short interest to Tier Reit Incorporated’s float is 3.04%. About 164,270 shares traded hands or 1.12% up from the average. TIER REIT Inc (NYSE:TIER) has risen 9.92% since April 15, 2016 and is uptrending. It has outperformed by 5.30% the S&P500.

TIER REIT, Inc. is a self-managed real estate investment trust. The company has a market cap of $764.36 million. The Firm is engaged in acquiring, developing and operating a portfolio of office properties in certain markets of the United States. It currently has negative earnings. The Company’s business is primarily conducted through Tier Operating Partnership LP.

TIER Company Profile

TIER REIT, Inc., incorporated on June 26, 2002, is a self-managed real estate investment trust. The Firm is engaged in acquiring, developing and operating a portfolio of office properties in certain markets of the United States. The Company’s business is primarily conducted through Tier Operating Partnership LP. The Firm holds interests in approximately 30 operating office properties, over two non-operating properties and a development property located in approximately 20 markets across the United States.

More notable recent TIER REIT Inc (NYSE:TIER) news were published by: Quotes.Wsj.com which released: “News Tier Reit Inc.TIER” on February 12, 2011, also Businesswire.com with their article: “TIER REIT Announces Listing of its Shares of Common Stock on the New York …” published on July 23, 2015, Businesswire.com published: “TIER REIT, Inc. Announces Preliminary Results of its Modified Dutch Auction …” on August 20, 2015. More interesting news about TIER REIT Inc (NYSE:TIER) were released by: Businesswire.com and their article: “TIER REIT Appoints Dennis J. Martin to Board of Directors” published on December 09, 2015 as well as Seekingalpha.com‘s news article titled: “TIER REIT: Houston Fears Creating Texas-Sized Undervaluation” with publication date: October 26, 2016.

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By Vivian Park


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