Short Interest Report: What Will Happen to Umh Properties Incorporated (NYSE:UMH) Next? The Stock Has Decline in Shorts

November 18, 2016 - By Darrin Black   ·   0 Comments

Short Interest Report: What Will Happen to Umh Properties Incorporated (NYSE:UMH) Next? The Stock Has Decline in Shorts

The stock of Umh Properties Incorporated (NYSE:UMH) registered a decrease of 1.46% in short interest. UMH’s total short interest was 540,200 shares in November as published by FINRA. Its down 1.46% from 548,200 shares, reported previously. With 106,600 shares average volume, it will take short sellers 5 days to cover their UMH’s short positions. The short interest to Umh Properties Incorporated’s float is 2.25%. About 17,054 shares traded hands. UMH Properties, Inc (NYSE:UMH) has risen 29.19% since April 18, 2016 and is uptrending. It has outperformed by 24.76% the S&P500.

UMH Properties, Inc. operates as a real estate investment trust . The company has a market cap of $365.57 million. The Company’s primary business is the ownership and operation of manufactured home communities, including leasing manufactured home sites to private manufactured home owners. It currently has negative earnings. It also leases homes to residents, and through its REIT subsidiary, UMH Sales and Finance, Inc. (S&F), the Company sells and finances the sale of manufactured homes in its communities.

Insitutional Activity: The institutional sentiment increased to 1.96 in Q2 2016. Its up 0.27, from 1.69 in 2016Q1. The ratio is positive, as 5 funds sold all UMH Properties, Inc shares owned while 21 reduced positions. 11 funds bought stakes while 33 increased positions. They now own 11.44 million shares or 4.09% more from 10.99 million shares in 2016Q1.
Manufacturers Life Ins Co The holds 0% of its portfolio in UMH Properties, Inc (NYSE:UMH) for 24,029 shares. Rhumbline Advisers last reported 28,357 shares in the company. Goldman Sachs Incorporated accumulated 15,654 shares or 0% of the stock. Wealthtrust Axiom Lc holds 0.53% or 121,978 shares in its portfolio. Credit Suisse Ag has 11,410 shares for 0% of their US portfolio. Advsrs Asset Management Incorporated accumulated 20,150 shares or 0% of the stock. The Massachusetts-based State Street Corporation has invested 0% in UMH Properties, Inc (NYSE:UMH). Moreover, Raymond James & has 0% invested in UMH Properties, Inc (NYSE:UMH) for 23,383 shares. Shinko Asset Limited has 900 shares for 0% of their US portfolio. Buckhead Ltd accumulated 71,479 shares or 0.15% of the stock. Credit Agricole S A last reported 1,400 shares in the company. Tiaa Cref Investment Mngmt Limited Liability reported 103,938 shares or 0% of all its holdings. Gru, a New York-based fund reported 14,040 shares. Metropolitan Life Insurance New York accumulated 0% or 18,176 shares. Creative Planning accumulated 0% or 2,149 shares.

Insider Transactions: Since May 27, 2016, the stock had 7 insider buys, and 0 sales for $618,350 net activity. $99,336 worth of UMH Properties, Inc (NYSE:UMH) shares were bought by MONMOUTH REAL ESTATE INVESTMENT CORP. MITCHELL JAMES E had bought 26,966 shares worth $299,997. $10,460 worth of shares were bought by LANDY EUGENE W on Friday, June 10. The insider HIRSCH MATTHEW I bought 851 shares worth $9,999.

UMH Company Profile

UMH Properties, Inc., incorporated on June 20, 2003, operates as a real estate investment trust (REIT). The Company’s primary business is the ownership and operation of manufactured home communities, including leasing manufactured home sites to private manufactured home owners. The Firm also leases homes to residents, and through its REIT subsidiary, UMH Sales and Finance, Inc. (S&F), the Company sells and finances the sale of manufactured homes in its communities. The Firm owns and operates approximately 100 manufactured home communities containing over 17,800 developed sites. The communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana and Michigan. The Company’s focus is on real estate investments.

More recent UMH Properties, Inc (NYSE:UMH) news were published by: Prnewswire.com which released: “UMH Properties, Inc. Reports 3rd Quarter 2016 Earnings” on November 08, 2016. Also Prnewswire.com published the news titled: “UMH Properties, Inc. Reports 2nd Quarter 2016 Earnings” on August 04, 2016. Prnewswire.com‘s news article titled: “UMH Properties, Inc. Prices Public Offering of 8.0% Series B Cumulative …” with publication date: April 01, 2016 was also an interesting one.

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By Darrin Black


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