Colony Capital Inc (NYSE:CLNY) has witnessed a drop of 6.5% or 348,873 shares in its short figure. The short interest diminution took it from 5,360,590 on May 31,2016 to 5,011,717 on June 15,2016. In terms of floated shares, the short interest was calculated to be 4.6%. The days to cover are 1 given that the daily volume averaged 3,948,455 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Colony Capital Inc (NYSE:CLNY): The stock opened at $16.60 on Friday but the bulls could not build on the opening and the stock topped out at $16.72 for the day. The stock traded down to $16.30 during the day, due to lack of any buying support eventually closed down at $16.33 with a loss of -2.80% for the day. The stock had closed at $16.80 on the previous day. The total traded volume was 3,075,436 shares.
The company shares have dropped -28.16% from its 1 Year high price. On Jul 7, 2015, the shares registered one year high at $23.56 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $17.75 and the 200 Day Moving Average price is recorded at $17.47.
Colony Capital Inc (NYSE:CLNY) has tumbled 4.22% during the past week and has dropped 10.67% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.63%. Colony Capital Inc (NYSE:CLNY) has underperformed the index by 7.96% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Colony Capital, Inc., formerly Colony Financial, Inc., is a diversified commercial real estate and investment management company that owns a portfolio of real estate equity and debt investments at risk-adjusted returns. The Company operates in four segments: real estate debt investments, which include originated and acquired commercial real estate debt, mortgage-backed securities, and other debt-related investments; a portfolio of light industrial real estate assets and associated operating platform acquired from Cobalt Capital Partners, L.P. and its affiliates; single-family residential rentals through its investment in CAH OP, and other real estate equity investments, which include real estate acquired in settlement of loans or from acquisition of operating properties, common equity in real estate or related companies, and certain preferred equity investments with profit participation meeting certain risk or return profiles.