Short Interest Change: A Reversal for Brt Realty Trust (NYSE:BRT) Is Near. The Stock Has Decrease in Shorts

November 28, 2016 - By Vivian Park   ·   0 Comments

Short Interest Change: A Reversal for Brt Realty Trust (NYSE:BRT) Is Near. The Stock Has Decrease in Shorts

The stock of Brt Realty Trust (NYSE:BRT) registered a decrease of 1.03% in short interest. BRT’s total short interest was 124,500 shares in November as published by FINRA. Its down 1.03% from 125,800 shares, reported previously. With 2,100 shares average volume, it will take short sellers 59 days to cover their BRT’s short positions. The short interest to Brt Realty Trust’s float is 1.76%. The stock last traded at $7.97 per share. It is down 11.62% since April 25, 2016 and is uptrending. It has outperformed by 5.61% the S&P500.

BRT Realty Trust is a real estate investment trust (REIT). The company has a market cap of $111.12 million. The Trust owns, operates and develops multi-family properties, and commercial and mixed use real estate assets. It has a 6.39 P/E ratio. The Trust operates through two divisions: multi-family real estate and other real estate.

Insitutional Activity: The institutional sentiment decreased to 1.8 in Q2 2016. Its down 1.20, from 3 in 2016Q1. The ratio fall, as 2 funds sold all BRT Realty Trust shares owned while 1 reduced positions. 2 funds bought stakes while 7 increased positions. They now own 3.11 million shares or 12.58% less from 3.56 million shares in 2016Q1.
Goldman Sachs Gp owns 11,344 shares or 0% of their US portfolio. Bank & Trust Of New York Mellon Corp holds 0% or 30,958 shares in its portfolio. Blackrock Inv last reported 0% of its portfolio in the stock. Manufacturers Life The holds 0% of its portfolio in BRT Realty Trust (NYSE:BRT) for 861 shares. Blackrock Institutional Co Na holds 0% of its portfolio in BRT Realty Trust (NYSE:BRT) for 385,555 shares. Morgan Stanley, a New York-based fund reported 4 shares. The New York-based Towerview Ltd Company has invested 2.09% in BRT Realty Trust (NYSE:BRT). Moreover, California Employees Retirement Systems has 0% invested in BRT Realty Trust (NYSE:BRT) for 13,549 shares. Oppenheimer & Close Limited Liability Corporation accumulated 187,192 shares or 1.26% of the stock. Price Michael F last reported 0.16% of its portfolio in the stock. Northern Corporation reported 51,601 shares or 0% of all its holdings. Moreover, Vanguard Grp has 0% invested in BRT Realty Trust (NYSE:BRT) for 47,349 shares. Blackrock Advisors Limited Liability holds 0% of its portfolio in BRT Realty Trust (NYSE:BRT) for 3,601 shares. Geode Management Ltd Com last reported 208,311 shares in the company. Renaissance Technologies Lc holds 0% or 86,560 shares in its portfolio.

Insider Transactions: Since September 14, 2016, the stock had 1 insider buy, and 1 insider sale for $24,510 net activity. ZWEIER GEORGE sold 1,100 shares worth $8,734. Shares for $33,244 were bought by RUBIN JEFFREY on Thursday, October 6.

BRT Company Profile

BRT Realty Trust (the Trust), incorporated on June 16, 1972, is a real estate investment trust (REIT). The Trust owns, operates and develops multi-family properties, and commercial and mixed use real estate assets. The Trust operates through two divisions: multi-family real estate and other real estate. The multi-family real estate segment includes the ownership, operation and development of the Trust’s multi-family properties. The other real estate segment includes all activities related to the ownership, development, operation and disposition of the Trust’s other real estate assets. The Company’s multi-family property activities involve the ownership, operation and development, primarily through joint ventures.

More recent BRT Realty Trust (NYSE:BRT) news were published by: Marketwired.com which released: “BRT Realty Trust Announces Multi-Family Transactions” on October 27, 2016. Also Marketwired.com published the news titled: “BRT Realty Trust Acquires Multi-Family Property for $38.2 Million” on September 06, 2016. Streetinsider.com‘s news article titled: “BRT Realty Trust (BRT) Announces Acquisition of Pointe at Lenox Park” with publication date: August 16, 2016 was also an interesting one.

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By Vivian Park

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