SL Green Realty Corporation (SLG) : 9 days before expiry, shorts in SL Green Realty Corporation (SLG) have reduced from 5,365,843 on Jul 29, 2016, to 5,336,584 on August 15, 2016. On an average, 619,839 shares are traded on the exchange. The outstanding bearish positions are equal to 5.4% of the float. Short sellers have covered -29,259 shares, a reduction of -0.5%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.
SL Green Realty Corporation (NYSE:SLG): The stock opened at $115.96 on Wednesday but the bulls could not build on the opening and the stock topped out at $116.41 for the day. The stock traded down to $114.46 during the day, due to lack of any buying support eventually closed down at $115.49 with a loss of -0.40% for the day. The stock had closed at $115.95 on the previous day. The total traded volume was 683,102 shares.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the CEO of Sl Green Realty Corp, Holliday Marc had purchased shares worth of $1,005,193 in a transaction dated on July 28, 2016. A total of 37,340 shares were purchased at a price of $26.92 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. It operates two segments: real estate and debt and preferred equity investments. The Company owns interests in commercial office properties in the New York Metropolitan area, primarily in midtown Manhattan. The Company also manages an approximately 336,201 square foot office building owned by a third party and held debt and preferred equity investments with a book value of approximately $1.4 billion. The Company also invests in well-collateralized debt and preferred equity investments.