Realty Income Corporation (NYSE:O), According to the latest information the short interest in Realty Income Delaware plummeted by 8.7% or 1,671,184 shares. The final shorts are 6.8% of the total floated shares. The positions dropped from 19,198,293 shares on May 31,2016 to 17,527,109 on June 15,2016. According to the per-day average trading of 1,664,860 shares, the days to cover are 11. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Realty Income Corporation (NYSE:O): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $63.67 and $63.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $66.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $65.75, notching a gain of 1.94% for the day. The total traded volume was 3,211,436 . The stock had closed at $64.50 on the previous day.
The company shares have rallied 48.19% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $66.53 and the one year low was seen on Sep 4, 2015. The 50-Day Moving Average price is $62.68 and the 200 Day Moving Average price is recorded at $58.71.
Realty Income Corporation (NYSE:O) has climbed 2.54% in the past week and advanced 9.77% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.24% and the outperformance has advanced to 13.09% for the last 4 weeks period.
Realty Income Corporation is a real estate company. As of December 31, 2014, the Company owned 4,327 properties, with approximately 4,257 properties leased and 70 properties available for lease. The Company leased to approximately 234 different commercial tenants doing business in 47 separate industries. The properties are located in 49 states and Puerto Rico with over 70 million square feet of leasable space and with an average leasable space per property of approximately 16,350 square feet, including approximately 11,290 square feet per retail property and approximately 196,800 square feet per industrial and distribution property. The Company has approximately 4,308 single-tenant properties and 19 multi-tenant properties. The Company has grouped its tenants into 48 activity segments.