Short Interest Change: Dupont Fabros Tech Incorporated (NYSE:DFT)’s Trend Up, Especially After Decreased Shorts

December 1, 2016 - By Richard Conner   ·   0 Comments

Short Interest Change: Dupont Fabros Tech Incorporated (NYSE:DFT)’s Trend Up, Especially After Decreased Shorts

The stock of Dupont Fabros Tech Incorporated (NYSE:DFT) registered a decrease of 14.61% in short interest. DFT’s total short interest was 4.54 million shares in December as published by FINRA. Its down 14.61% from 5.31M shares, reported previously. With 917,200 shares average volume, it will take short sellers 5 days to cover their DFT’s short positions. The short interest to Dupont Fabros Tech Incorporated’s float is 6.08%. The stock increased 0.02% or $0.01 on November 30, hitting $40.66. About 20 shares traded hands. DuPont Fabros Technology, Inc. (NYSE:DFT) has risen 1.22% since April 28, 2016 and is uptrending. It has underperformed by 4.71% the S&P500.

DuPont Fabros Technology, Inc. is a real estate investment trust (REIT). The company has a market cap of $2.96 billion. The Firm is a self-administered and self-managed firm that owns, acquires, develops and operates wholesale data centers. It currently has negative earnings. The Company’s clients outsource their applications, and include national and international enterprises across various industries, such as technology, Internet content providers, media, communications, cloud providers, healthcare and financial services.

Insitutional Activity: The institutional sentiment increased to 1.5 in Q2 2016. Its up 0.13, from 1.37 in 2016Q1. The ratio increased, as 21 funds sold all DuPont Fabros Technology, Inc. shares owned while 77 reduced positions. 47 funds bought stakes while 87 increased positions. They now own 73.00 million shares or 0.81% more from 72.41 million shares in 2016Q1.
Millennium Management Lc has 420,628 shares for 0.05% of their US portfolio. Skytop Cap Mgmt Lc owns 35,000 shares or 1.44% of their US portfolio. Moreover, Gerstein Fisher has 0.16% invested in DuPont Fabros Technology, Inc. (NYSE:DFT) for 24,963 shares. Inv Wi, a Wisconsin-based fund reported 5,594 shares. Paradigm Asset Ltd has 17,700 shares for 0% of their US portfolio. Alphamark Ltd owns 14,300 shares or 0.4% of their US portfolio. Boston Advisors Limited Liability Company last reported 0.16% of its portfolio in the stock. D E Shaw holds 52,795 shares or 0% of its portfolio. Etrade Capital Mngmt Limited accumulated 0.01% or 4,310 shares. Amalgamated Bancshares has 7,884 shares for 0.02% of their US portfolio. Vantage Inv Advsr Limited Liability Corp holds 900 shares or 0.02% of its portfolio. Macquarie Grp Incorporated holds 0% or 15,100 shares in its portfolio. Weaver C Barksdale & Assocs accumulated 21,022 shares or 1.74% of the stock. Driehaus Capital Limited Liability reported 58,957 shares or 0.1% of all its holdings. Nomura Asset reported 46,470 shares or 0.04% of all its holdings.

Insider Transactions: Since June 8, 2016, the stock had 1 buying transaction, and 4 selling transactions for $2.28 million net activity. On Wednesday, June 8 the insider Eldredge Christopher P. sold $274,344. $639,590 worth of DuPont Fabros Technology, Inc. (NYSE:DFT) was sold by FOSTER JEFFREY H. $1.15 million worth of DuPont Fabros Technology, Inc. (NYSE:DFT) was sold by Kenny Maria. $198,594 worth of shares were bought by ECKERT THOMAS D on Monday, November 21. Shares for $417,271 were sold by Davis Scott A.

DuPont Fabros Technology, Inc. (NYSE:DFT) Ratings Coverage

Out of 11 analysts covering Dupont Fabros Tech (NYSE:DFT), 7 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 64% are positive. Dupont Fabros Tech has been the topic of 21 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Janney Capital initiated DuPont Fabros Technology, Inc. (NYSE:DFT) on Thursday, October 8 with “Buy” rating. The company was upgraded on Wednesday, September 14 by Raymond James. Jefferies maintained DuPont Fabros Technology, Inc. (NYSE:DFT) rating on Monday, May 16. Jefferies has “Hold” rating and $44 price target. On Tuesday, July 19 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Neutral” rating given by Janney Capital on Friday, April 8. The rating was maintained by RBC Capital Markets on Friday, July 31 with “Outperform”. As per Thursday, November 12, the company rating was initiated by BB&T Capital. Jefferies maintained the stock with “Hold” rating in Thursday, August 11 report. The rating was initiated by SunTrust with “Buy” on Tuesday, November 24. The stock has “Neutral” rating given by Citigroup on Monday, April 4.

DFT Company Profile

DuPont Fabros Technology, Inc. (DFT), incorporated on March 1, 2007, is a real estate investment trust (REIT). The Firm is a self-administered and self-managed firm that owns, acquires, develops and operates wholesale data centers. The Company’s clients outsource their applications, and include national and international enterprises across various industries, such as technology, Internet content providers, media, communications, cloud providers, healthcare and financial services. The Company’s data centers are located in four population centers: Northern Virginia; suburban Chicago, Illinois; Piscataway, New Jersey, and Santa Clara, California. The Firm owns various properties, including approximately 10 operating data centers facilities; over three phases of existing data center facilities under development; approximately two data center facilities with phases that are available for future development, and over three parcels of land held for future development of data centers.

More important recent DuPont Fabros Technology, Inc. (NYSE:DFT) news were published by: Globenewswire.com which released: “DuPont Fabros Technology, Inc. Announces Purchase of Shell Building in the …” on October 27, 2016, also Globenewswire.com published article titled: “DuPont Fabros Technology, Inc. Announces Sale of NJ1 Data Center Facility”, Prnewswire.com published: “DuPont Fabros Technology, Inc. Names Brian Doricko Senior Vice President And …” on November 17, 2015. More interesting news about DuPont Fabros Technology, Inc. (NYSE:DFT) was released by: Globenewswire.com and their article: “DuPont Fabros Technology, Inc. Announces Redemption of 7.625% Series B …” with publication date: June 07, 2016.

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By Richard Conner


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