Brandywine Realty Trust (NYSE:BDN) has seen a rise of 28,280 shares or 0.7% in the short interest. The remaining shorts are 2.3% of the total floated shares. The net short interest, as on June 15,2016, stood at 4,048,452 shares and the stocks days to cover will be 3 by factoring in the average per day volume of 1,416,322 shares. On May 31,2016, 4,020,172 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Brandywine Realty Trust (NYSE:BDN): The stock opened at $15.73 on Friday but the bulls could not build on the opening and the stock topped out at $16.18 for the day. The stock traded down to $15.66 during the day, due to lack of any buying support eventually closed down at $16.01 with a loss of -0.44% for the day. The stock had closed at $16.08 on the previous day. The total traded volume was 3,408,437 shares.
The company shares have rallied 19.75% from its 1 Year high price. On Jun 13, 2016, the shares registered one year high at $16.45 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $15.67 and the 200 Day Moving Average price is recorded at $13.88.
Brandywine Realty Trust (NYSE:BDN) has climbed 1.33% in the past week and advanced 2.5% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.01% and the outperformance has advanced to 5.6% for the last 4 weeks period.
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Trust provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, industrial, retail and mixed-use properties. The Trust owns its assets and conducts its operations through the Brandywine Operating Partnership, L.P. (Operating Partnership) and subsidiaries of the Operating Partnership. The Trust is the sole general partner of the Operating Partnership. The Trusts portfolio is managed through seven segments: Pennsylvania; Philadelphia Central Business District (CBD); Metropolitan Washington, D.C.; New Jersey/Delaware; Richmond, Virginia; Austin, Texas, and California. The Pennsylvania segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania.