Colony Capital Inc (CLNY) : Traders are getting increasingly bearish on Colony Capital Inc (CLNY), as can be seen in the addition of short positions from 9,604,695 on Jul 29, 2016, to 10,405,468 on August 15, 2016. The net change in shorts is 800,773 shares, an increase of 8.3%. 11 days remain before the expiry. The 9.5% of outstanding short positions on the stock compared to its float, shows that traders expect the stock to fall from the current levels. The daily volume of the stock is 957,786. The short interest information was released on Wednesday Aug 24th after the market close.
Colony Capital Inc (NYSE:CLNY): The stock opened at $18.11 on Wednesday but the bulls could not build on the opening and the stock topped out at $18.18 for the day. The stock traded down to $17.96 during the day, due to lack of any buying support eventually closed down at $17.97 with a loss of -0.72% for the day. The stock had closed at $18.10 on the previous day. The total traded volume was 1,169,696 shares.
In a related news, Saltzman Richard B, CEO of Colony Capital, Inc., executed a transaction worth $1,237,500 on March 7, 2016. A total of 75,000 shares were purchased at an average price of $16.5. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.