Colony Capital Inc (CLNY): Price Target and June Short Interest Disclosure

Colony Capital Inc (CLNY) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $27 and the lowest price target forecast is $22. The average forecast of all the analysts is $23.67 and the expected standard deviation is $2.89.

Colony Capital Inc (CLNY) has seen a rise of 3,461,569 shares or 69.1% in the short interest. The remaining shorts are 7.7% of the total floated shares. The net short interest, as on June 30,2016, stood at 8,473,286 shares and the stocks days to cover will be 3 by factoring in the average per day volume of 2,593,476 shares. On June 15,2016, 5,011,717 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Colony Capital Inc (NYSE:CLNY): stock turned positive on Thursday. Though the stock opened at $16.68, the bulls momentum made the stock top out at $17.03 level for the day. The stock recorded a low of $16.6489 and closed the trading day at $16.99, in the green by 1.86%. The total traded volume for the day was 2,380,656. The stock had closed at $16.68 in the previous days trading.

Colony Capital, Inc., formerly Colony Financial, Inc., is a diversified commercial real estate and investment management company that owns a portfolio of real estate equity and debt investments at risk-adjusted returns. The Company operates in four segments: real estate debt investments, which include originated and acquired commercial real estate debt, mortgage-backed securities, and other debt-related investments; a portfolio of light industrial real estate assets and associated operating platform acquired from Cobalt Capital Partners, L.P. and its affiliates; single-family residential rentals through its investment in CAH OP, and other real estate equity investments, which include real estate acquired in settlement of loans or from acquisition of operating properties, common equity in real estate or related companies, and certain preferred equity investments with profit participation meeting certain risk or return profiles.

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