Kilroy Realty Corporation (KRC) : Traders are getting increasingly bearish on Kilroy Realty Corporation (KRC), as can be seen in the addition of short positions from 4,696,506 on Jul 29, 2016, to 5,062,632 on August 15, 2016. The net change in shorts is 366,126 shares, an increase of 7.8%. 13 days remain before the expiry. The 5.6% 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 398,018. The short interest information was released on Wednesday Aug 24th after the market close.
Kilroy Realty Corporation (NYSE:KRC): The stock opened at $70.59 on Wednesday but the bulls could not build on the opening and the stock topped out at $70.70 for the day. The stock traded down to $69.53 during the day, due to lack of any buying support eventually closed down at $69.77 with a loss of -1.09% for the day. The stock had closed at $70.54 on the previous day. The total traded volume was 318,884 shares.
In a related news, Roth Heidi Rena, officer (EVP, CAO and Controller) of Kilroy Realty Corp, unloaded 1,235 shares at an average price of $65.33 on May 5, 2016. The total amount of the transaction was worth $80,683, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Kilroy Realty Corporation is a self-administered real estate investment trust (REIT) that focuses on office submarkets in the West Coast. The Company owns, develops, acquires and manages real estate assets consisting of Class A real estate properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Seattle. Its stabilized portfolio includes all of its properties with the exception of development and redevelopment properties under construction or committed for construction, lease-up properties, undeveloped land, and real estate assets held for sale. Its stabilized portfolio consists of 111 office properties, which has approximately 14 million rentable square feet. It owns its interests in all of its real estate assets through Kilroy Realty, L.P. (the Operating Partnership) and Kilroy Realty Finance Partnership, L.P. (the Finance Partnership). It conducts substantially all of its operations through the Operating Partnership.