National Retail Properties June 15th Short Interest Update

National Retail Properties (NYSE:NNN) encountered a drop of 3.2% or -226,476 shares in the short positions. The number dropped from 7,100,816 on May 31,2016 to 6,874,340 on June 15,2016. The final interest is 4.8% of the floated stock. The days to cover figure of 7 can be arrived using the average daily exchange of 962,395 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

National Retail Properties (NYSE:NNN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.77 and $46.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $48.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.58, notching a gain of 2.51% for the day. The total traded volume was 2,171,316 . The stock had closed at $47.39 on the previous day.

The company shares have rallied 37.15% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $48.74 and the one year low was seen on Sep 4, 2015. The 50-Day Moving Average price is $46.51 and the 200 Day Moving Average price is recorded at $44.04.

National Retail Properties (NYSE:NNN) has climbed 3.1% in the past week and advanced 8.46% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.81% and the outperformance has advanced to 11.74% for the last 4 weeks period.

National Retail Properties, Inc. is a real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are held for investment. As of December 31, 2014, the Company owned 2,054 Properties with a gross leasable area of approximately 22,479,000 square feet, located in 47 states. Approximately 99% of the properties were leased as of December 31, 2014. The Companys portfolio include convenience stores, restaurants, automotive service, restaurants-limited service, theaters, family entertainment centers, automotive parts and banks, among others. It has operations in Texas, Florida, North Carolina, Illinois, Georgia, Indiana and California, among others. As of December 31, 2014, The Company owned 29 vacant, un-leased Properties, which accounted for approximately 1% of total Properties.

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