Short Interest Update on Boston Properties (BXP)

Boston Properties (BXP) : The bears are holding on to their shorts in Accenture Plc with 5 more days remaining for them to cover their positions. The bearish positions have increased from 2,275,756 on Jul 29, 2016, to 2,863,651, on August 15, 2016. Daily, 591,504 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 587,895 shares, which is an increase of just 25.8%. The total short interest of 1.9% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.

Boston Properties (NYSE:BXP): The stock opened at $141.62 on Wednesday but the bulls could not build on the opening and the stock topped out at $141.62 for the day. The stock traded down to $140.18 during the day, due to lack of any buying support eventually closed down at $140.35 with a loss of -0.71% for the day. The stock had closed at $141.35 on the previous day. The total traded volume was 473,651 shares.


In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (Executive Vice President) of Boston Properties Inc, Powers John Francis had purchased shares worth of $189,072 in a transaction dated on August 17, 2016. A total of 7,272 shares were purchased at a price of $26 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Boston Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company is engaged in owning and developing office properties in the United States. The Companys properties are concentrated in four markets: Boston, New York, San Francisco and Washington, DC. The Company conducts all of its business through its subsidiary, Boston Properties Limited Partnership. The Company considers office/technical properties to be properties that support office, research and development, laboratory and other technical uses. The Company is also engaged in providing resources in acquisitions, development, financing, capital markets, construction management, property management, marketing, leasing, accounting, risk management, tax and legal services.

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