Digital Realty Trust (NYSE:DLR) reported a rise of 11.6% or 2,462,846 shares in its short interest. The short figure came in at 14.9% of the total floats. The average daily volume of 1,842,240 shares suggests that the days to cover 23,771,145 short positions, as on June 15,2016, will be 13. On May 31,2016, the short interest was 21,308,299 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Digital Realty Trust (NYSE:DLR): The stock opened at $102.84 on Friday but the bulls could not build on the opening and the stock topped out at $104.81 for the day. The stock traded down to $102.00 during the day, due to lack of any buying support eventually closed down at $103.59 with a loss of -1.17% for the day. The stock had closed at $104.82 on the previous day. The total traded volume was 2,274,314 shares.
The company shares have rallied 57.22% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $105.37 and the one year low was seen on Sep 11, 2015. The 50-Day Moving Average price is $97.91 and the 200 Day Moving Average price is recorded at $85.82.
Digital Realty Trust (NYSE:DLR) has climbed 1.45% in the past week and advanced 9.43% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.13% and the outperformance has advanced to 12.75% for the last 4 weeks period.
Digital Realty Trust, Inc. is a real estate investment trust (REIT) that owns, acquires, develops and manages technology-related real estate. The Companys services include implementation services, remote hands services, data center infrastructure management (DCIM), client services and digital realty partner network. The Company is a sole general partner of Digital Realty Trust, L.P. As of December 31, 2014, Digital Realty Trust, Inc. owned 97.8% common general partnership interest in Digital Realty Trust, L.P. The remaining 2.2% common limited partnership interests are owned by non-affiliated investors and certain directors and officers of Digital Realty Trust, Inc. The Company focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology (IT) departments of Fortune 100 and financial services companies.