Stag Industrial June 15th Short Interest Update

Stag Industrial (NYSE:STAG), A increase of 535,259 shares or 16.9% was observed in the short interest of Stag Industrial Inc The interest on June 15,2016 came in at 3,696,775 shares and as per the average daily trading of 492,965 shares, the days to cover are 7. The increased interest is 5.4% of the floated shares. The data of May 31,2016 put the interest at 3,161,516 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Stag Industrial (NYSE:STAG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.46 and $22.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.21, notching a gain of 0.78% for the day. The total traded volume was 3,446,331 . The stock had closed at $23.03 on the previous day.

The company shares have rallied 15.93% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $23.29 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $21.81 and the 200 Day Moving Average price is recorded at $19.29.

Stag Industrial (NYSE:STAG) has climbed 1.58% in the past week and advanced 8.41% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.26% and the outperformance has advanced to 11.69% for the last 4 weeks period.

STAG Industrial, Inc. is focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. As of December 31, 2014, The Company owned 248 buildings in 36 states with approximately 47.0 million rentable square feet, consisting of 178 warehouse/distribution buildings, 50 light manufacturing buildings and 20 flex/office buildings. The Company owns two developable vacant land parcels adjacent to two of its buildings. As of December 31, 2014, its buildings were 94.9% leased to 227 tenants, with no single tenant accounting for more than 2.3% of its total annualized rent and no single industry accounting for more than 12.1% of its total annualized rent.

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