Capital Trust (BXMT) : 6 days before expiry, shorts in Capital Trust (BXMT) have reduced from 3,647,538 on Jul 29, 2016, to 3,588,358 on August 15, 2016. On an average, 587,203 shares are traded on the exchange. The outstanding bearish positions are equal to 4% of the float. Short sellers have covered -59,180 shares, a reduction of -1.6%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.
Capital Trust (NYSE:BXMT): The stock opened at $29.03 on Wednesday but the bulls could not build on the opening and the stock topped out at $29.14 for the day. The stock traded down to $28.86 during the day, due to lack of any buying support eventually closed down at $29.02 with a loss of -0.14% for the day. The stock had closed at $29.06 on the previous day. The total traded volume was 286,481 shares.
In a related news, The officer (Managing Director), of Blackstone Mortgage Trust, Inc., Ruffing Thomas C had unloaded 119 shares at $28.89 per share in a transaction on July 29, 2016. The total value of transaction was $3,438. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Blackstone Mortgage Trust, Inc. is a holding company. The Company is a real estate investment trust (REIT), which is a real estate finance company that originates and purchases senior loans collateralized by properties in North America and Europe. The Company has two operating segments: the Loan Origination segment and the CT Legacy Portfolio segment. The Companys Loan Origination segment includes the Companys activities associated with the origination and acquisition of mortgage loans, the capitalization of its loan portfolio and the costs associated with operating its business. CT Legacy Partners portfolio consists of cash, loans, securities and other assets. The Companys focus is to originate loans and invest in debt and related instruments supported by institutional commercial real estate. It directly originates, co-originates, and acquires debt instruments in conjunction with acquisitions, refinancing and recapitalizations of commercial real estate around the world.