Brixmor Property Group June 15th Short Interest Update

Brixmor Property Group (NYSE:BRX) encountered a drop of 19.6% or -1,727,612 shares in the short positions. The number dropped from 8,798,961 on May 31,2016 to 7,071,349 on June 15,2016. The final interest is 3.4% of the floated stock. The days to cover figure of 6 can be arrived using the average daily exchange of 1,175,527 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Brixmor Property Group (NYSE:BRX): The stock opened at $25.35 on Friday but the bulls could not build on the opening and the stock topped out at $25.87 for the day. The stock traded down to $25.14 during the day, due to lack of any buying support eventually closed down at $25.59 with a loss of -0.31% for the day. The stock had closed at $25.67 on the previous day. The total traded volume was 3,737,864 shares.

The company shares have rallied 10.88% from its 1 Year high price. On Feb 2, 2016, the shares registered one year high at $26.98 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $25.65 and the 200 Day Moving Average price is recorded at $25.12.

Brixmor Property Group (NYSE:BRX) has tumbled 0.81% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.47% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.83% and the outperformance has advanced to 4.54% for the last 4 weeks period.

Brixmor Property Group Inc. (BPG) is an internally managed real estate investment trust (REIT). Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership) is the entity through which BPG conducts its operations and owns its assets. BPG owns 100% of the common stock of BPG Subsidiary Inc. (BPG Sub), which is the sole member of Brixmor OP GP LLC (the General Partner), the sole general partner of the Operating Partnership. The Companys principal business is the ownership and operation of community and neighborhood shopping centers. The Companys portfolio consists of 521 shopping centers totaling approximately 87 million square feet of gross leasable area. 520 of these shopping centers are 100% owned by the Company. The Companys community and neighborhood shopping centers provide a mix of retailers and are primarily located in the 50 Metropolitan Statistical Areas.

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