STARWOOD PROPERTY TRUST (NYSE:STWD) reported a rise of 2.9% or 188,488 shares in its short interest. The short figure came in at 2.9% of the total floats. The average daily volume of 1,703,983 shares suggests that the days to cover 6,605,067 short positions, as on June 15,2016, will be 4. On May 31,2016, the short interest was 6,416,579 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
STARWOOD PROPERTY TRUST (NYSE:STWD): The stock opened at $20.45 on Friday but the bulls could not build on the opening and the stock topped out at $20.72 for the day. The stock traded down to $20.22 during the day, due to lack of any buying support eventually closed down at $20.48 with a loss of -1.25% for the day. The stock had closed at $20.74 on the previous day. The total traded volume was 3,057,663 shares.
The company shares have dropped -5.01% from its 1 Year high price. On Aug 17, 2015, the shares registered one year high at $22.74 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $20.50 and the 200 Day Moving Average price is recorded at $19.40.
STARWOOD PROPERTY TRUST (NYSE:STWD) has tumbled 0.05% during the past week and has dropped 0.05% in the last 4 week period. In the past week, the company has outperformed the S&P 500 by 1.61% and the outperformance has advanced to 2.98% for the last 4 weeks period.
Starwood Property Trust, Inc. is a holding company that operates as a real estate investment trust (REIT). The Company, through its subsidiaries, focuses on originating, acquiring, financing and managing commercial mortgage loans, commercial mortgage-backed securities (CMBS), and other commercial real estate-related debt investments in the United States and Europe. The Company operates through two segments: Lending Segment, and Investing and Servicing Segment. The Companys Lending Segment represents investments in real estate-related loans and securities that are held-for-investment. The Investing and Servicing Segment includes servicing businesses in the United States and Europe, an investment business that acquires and manages real estate finance investments, and a mortgage loan business. The Company is externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group.