Short Interest Worth Watching: What’s Next for Voltari Corporation (NASDAQ:VLTC) After Having Less Shares Shorted?

November 21, 2016 - By Darrin Black   ·   0 Comments

Short Interest Worth Watching: What's Next for Voltari Corporation (NASDAQ:VLTC) After Having Less Shares Shorted?

The stock of Voltari Corporation (NASDAQ:VLTC) registered a decrease of 1.58% in short interest. VLTC’s total short interest was 1.13 million shares in November as published by FINRA. Its down 1.58% from 1.14 million shares, reported previously. With 34,600 shares average volume, it will take short sellers 33 days to cover their VLTC’s short positions. The short interest to Voltari Corporation’s float is 26.71%. The stock increased 2.00% or $0.05 on November 18, hitting $2.55. Voltari Corp (NASDAQ:VLTC) has declined 36.88% since April 19, 2016 and is downtrending. It has underperformed by 40.74% the S&P500.

Voltari Corporation is engaged in the business of acquiring, financing and leasing commercial real properties. The company has a market cap of $29.99 million. The Firm owns approximately one commercial real property in Long Branch, New Jersey, which it leases to JPMorgan Chase Bank, N.A. pursuant to a triple net lease (the Long Branch Lease). It currently has negative earnings. The Firm intends to acquire additional properties primarily in the Northeast United States.

Insitutional Activity: The institutional sentiment increased to 3.67 in 2016 Q2. Its up 2.67, from 1 in 2016Q1. The ratio increased, as 1 funds sold all Voltari Corp shares owned while 6 reduced positions. 5 funds bought stakes while 2 increased positions. They now own 5.16 million shares or 1.03% more from 5.11 million shares in 2016Q1.
Citadel Advisors Ltd owns 12,556 shares or 0% of their US portfolio. Comml Bank Of Montreal Can last reported 0% of its portfolio in the stock. Bancshares Of America Corp De holds 0% or 676 shares in its portfolio. Vanguard Group has 0% invested in the company for 81,151 shares. Blackrock Institutional Trust Company Na has 116,551 shares for 0% of their US portfolio. Blackrock Fund has invested 0% of its portfolio in Voltari Corp (NASDAQ:VLTC). Icahn Carl C reported 4.74 million shares or 0.08% of all its holdings. Manufacturers Life Insurance Co The last reported 0% of its portfolio in the stock. Wells Fargo And Commerce Mn accumulated 173 shares or 0% of the stock. Tower Research Cap Lc (Trc) last reported 158 shares in the company. American Financial, a Ohio-based fund reported 14,130 shares. The New York-based Morgan Stanley has invested 0% in Voltari Corp (NASDAQ:VLTC). Royal National Bank & Trust Of Canada last reported 0% of its portfolio in the stock. Blackrock Management Ltd Liability accumulated 696 shares or 0% of the stock. Barclays Public Ltd Com last reported 17 shares in the company.

VLTC Company Profile

Voltari Corporation, incorporated on December 14, 2012, is engaged in the business of acquiring, financing and leasing commercial real properties. The Firm owns approximately one commercial real property in Long Branch, New Jersey, which it leases to JPMorgan Chase Bank, N.A. (Chase) pursuant to a triple net lease (the Long Branch Lease). The Firm intends to acquire additional properties primarily in the Northeast United States.

Another recent and important Voltari Corp (NASDAQ:VLTC) news was published by Investorplace.com which published an article titled: “How Carl Icahn Sent Voltari Stock Up Nearly 500% in April (VLTC)” on April 09, 2015.

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By Darrin Black

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