Short Interest Don’t Lie: It Seems DIVERSIFIED ROYALTY (OTCMKTS:BEVFF) Will Go Up. Just Reported Less Shorted Shares

November 25, 2016 - By kentuckypostne   ·   0 Comments

Short Interest Don't Lie: It Seems DIVERSIFIED ROYALTY (OTCMKTS:BEVFF) Will Go Up. Just Reported Less Shorted Shares

The stock of DIVERSIFIED ROYALTY (OTCMKTS:BEVFF) registered a decrease of 55.14% in short interest. BEVFF’s total short interest was 116,100 shares in November as published by FINRA. Its down 55.14% from 258,800 shares, reported previously. With 9,700 shares average volume, it will take short sellers 12 days to cover their BEVFF’s short positions. The stock last traded at $1.83 per share. It is down 7.02% since April 22, 2016 and is uptrending. It has outperformed by 1.61% the S&P500.

Diversified Royalty Corp. , formerly BENEV Capital Inc., is a multi-royalty company. The company has a market cap of $204.11 million. The Firm is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America (Royalty Partners). It has a 39.42 P/E ratio. The Company’s primary objectives are to purchase stable and growing royalty streams from Royalty Partners, and increase distributable cash per Share by making accretive royalty purchases.

BEVFF Company Profile

Diversified Royalty Corp. (DIV), formerly BENEV Capital Inc., incorporated on July 29, 1992, is a multi-royalty company. The Firm is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America (Royalty Partners). The Company’s primary objectives are to purchase stable and growing royalty streams from Royalty Partners, and increase distributable cash per Share by making accretive royalty purchases.

More recent Diversified Royalty Corp (OTCMKTS:BEVFF) news were published by: Reuters.com which released: “BRIEF-Diversified Royalty Corp announces third quarter 2016 results” on November 14, 2016. Also Seekingalpha.com published the news titled: “Diversified Royalty: Finally Stretched Too Thin” on August 29, 2016. Seekingalpha.com‘s news article titled: “Diversified Royalty: Finally, It Is Diversified (BEVFF)” with publication date: July 01, 2015 was also an interesting one.

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