Short Interest Coverage: Cedar Realty Trust Incorporated (NYSE:CDR) Just Reported Increased Shorts

November 29, 2016 - By Linda Rogers   ·   0 Comments

Short Interest Coverage: Cedar Realty Trust Incorporated (NYSE:CDR) Just Reported Increased Shorts

The stock of Cedar Realty Trust Incorporated (NYSE:CDR) registered an increase of 3.62% in short interest. CDR’s total short interest was 8.78 million shares in November as published by FINRA. Its up 3.62% from 8.48 million shares, reported previously. With 233,400 shares average volume, it will take short sellers 38 days to cover their CDR’s short positions. The short interest to Cedar Realty Trust Incorporated’s float is 11.22%. The stock decreased 1.21% or $0.08 during the last trading session, hitting $6.54. Cedar Realty Trust Inc (NYSE:CDR) has declined 6.44% since April 26, 2016 and is downtrending. It has underperformed by 11.70% the S&P500.

Cedar Realty Trust, Inc. is a real estate investment trust. The company has a market cap of $556.26 million. The Firm focuses on ownership and operation of grocery-anchored shopping centers straddling the Washington District of Columbia to Boston corridor. It currently has negative earnings. The Firm focuses its investment activities on grocery-anchored shopping centers.

Insitutional Activity: The institutional sentiment increased to 1.27 in Q2 2016. Its up 0.37, from 0.9 in 2016Q1. The ratio improved, as 11 funds sold all Cedar Realty Trust Inc shares owned while 48 reduced positions. 6 funds bought stakes while 47 increased positions. They now own 72.33 million shares or 1.96% less from 73.78 million shares in 2016Q1.
Independent Port Consultants Incorporated accumulated 0.06% or 26,220 shares. Moreover, Pub Employees Retirement Association Of Colorado has 0% invested in Cedar Realty Trust Inc (NYSE:CDR) for 33,290 shares. Teachers And Annuity Association Of America holds 92,124 shares or 0.03% of its portfolio. Harrison Street Securities Limited Liability Company accumulated 0.7% or 28,738 shares. Axa last reported 0.01% of its portfolio in the stock. Globeflex Capital L P owns 42,900 shares or 0.09% of their US portfolio. Nomura Asset Company Limited holds 46,100 shares or 0.01% of its portfolio. Los Angeles And Equity Rech Inc owns 12,553 shares or 0% of their US portfolio. Legal General Gru Public Limited Com holds 0% of its portfolio in Cedar Realty Trust Inc (NYSE:CDR) for 173,167 shares. Calvert Inv Mgmt Inc, a Maryland-based fund reported 291,098 shares. The New York-based Metropolitan Life Ins Ny has invested 0% in Cedar Realty Trust Inc (NYSE:CDR). California State Teachers Retirement Systems owns 173,111 shares or 0% of their US portfolio. The Massachusetts-based Boston Prtnrs has invested 0.02% in Cedar Realty Trust Inc (NYSE:CDR). Pnc Fin Serv Gru Incorporated owns 531 shares or 0% of their US portfolio. Moreover, Jpmorgan Chase Comm has 0% invested in Cedar Realty Trust Inc (NYSE:CDR) for 735,253 shares.

Insider Transactions: Since September 12, 2016, the stock had 3 insider buys, and 1 insider sale for $62,062 net activity. $31,036 worth of shares were bought by Eisenstat Abraham on Tuesday, November 8. $187,508 worth of Cedar Realty Trust Inc (NYSE:CDR) shares were sold by Mays Philip. The insider Schanzer Bruce J bought $31,500.

Cedar Realty Trust Inc (NYSE:CDR) Ratings Coverage

Out of 2 analysts covering Cedar Realty Trust (NYSE:CDR), 1 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 50% are positive. Cedar Realty Trust has been the topic of 4 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Zacks upgraded the stock to “Hold” rating in Wednesday, August 12 report. The firm earned “Underperform” rating on Tuesday, June 28 by Boenning & Scattergood. Wunderlich upgraded it to “Buy” rating and $8 target price in Tuesday, May 10 report. The stock of Cedar Realty Trust Inc (NYSE:CDR) earned “Buy” rating by Wunderlich on Monday, November 7.

CDR Company Profile

Cedar Realty Trust, Inc., incorporated on June 12, 1998, is a real estate investment trust (REIT). The Firm focuses on ownership and operation of grocery-anchored shopping centers straddling the Washington District of Columbia (DC) to Boston corridor. The Firm focuses its investment activities on grocery-anchored shopping centers. The Firm owns and manages a portfolio of approximately 60 operating properties, including approximately 30 properties in Pennsylvania; over eight properties in Massachusetts; approximately seven properties in Connecticut; over six properties in Maryland; approximately eight properties in Virginia; over three properties in New Jersey, and one property in New York. The Company’s operating properties total approximately 9.5 million square feet of gross leasable area (GLA).

More important recent Cedar Realty Trust Inc (NYSE:CDR) news were published by: Prnewswire.com which released: “Cedar Realty Trust, Inc. Announces Pricing Of Common Stock Offering” on July 26, 2016, also Prnewswire.com published article titled: “Cedar Realty Trust Acquires Glenwood Village In Bloomfield, NJ”, Nasdaq.com published: “Cedar Realty Trust, Inc. (CDR) Ex-Dividend Date Scheduled for November 08, 2016” on November 07, 2016. More interesting news about Cedar Realty Trust Inc (NYSE:CDR) was released by: Prnewswire.com and their article: “Cedar Realty Trust Announces Appointment Of New Chief Operating Officer” with publication date: March 21, 2016.

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By Linda Rogers


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