Boston Properties June 15th Short Interest Update

Boston Properties (NYSE:BXP) reported a rise of 2.2% or 52,753 shares in its short interest. The short figure came in at 1.6% of the total floats. The average daily volume of 662,480 shares suggests that the days to cover 2,399,022 short positions, as on June 15,2016, will be 4. On May 31,2016, the short interest was 2,346,269 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Boston Properties (NYSE:BXP): The stock opened at $126.94 on Friday but the bulls could not build on the opening and the stock topped out at $129.35 for the day. The stock traded down to $126.09 during the day, due to lack of any buying support eventually closed down at $128.03 with a loss of -1.50% for the day. The stock had closed at $129.98 on the previous day. The total traded volume was 2,652,295 shares.

The company shares have rallied 5.96% from its 1 Year high price. On May 10, 2016, the shares registered one year high at $133.59 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $127.80 and the 200 Day Moving Average price is recorded at $123.91.

Boston Properties (NYSE:BXP) has climbed 1.06% in the past week and advanced 2.09% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.73% and the outperformance has advanced to 5.18% for the last 4 weeks period.

Boston Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company is engaged in owning and developing office properties in the United States. The Companys properties are concentrated in four markets: Boston, New York, San Francisco and Washington, DC. The Company conducts all of its business through its subsidiary, Boston Properties Limited Partnership. The Company considers office/technical properties to be properties that support office, research and development, laboratory and other technical uses. The Company is also engaged in providing resources in acquisitions, development, financing, capital markets, construction management, property management, marketing, leasing, accounting, risk management, tax and legal services.

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