Equity One (NYSE:EQY) has seen a rise of 459,228 shares or 11.6% in the short interest. The remaining shorts are 4.8% of the total floated shares. The net short interest, as on June 15,2016, stood at 4,416,371 shares and the stocks days to cover will be 5 by factoring in the average per day volume of 897,468 shares. On May 31,2016, 3,957,143 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Equity One (NYSE:EQY): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.54 and $29.39 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.39. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.23, notching a gain of 0.33% for the day. The total traded volume was 8,580,409 . The stock had closed at $30.13 on the previous day.
The company shares have rallied 29.46% from its 1 Year high price. On Jun 13, 2016, the shares registered one year high at $30.61 and the one year low was seen on Sep 4, 2015. The 50-Day Moving Average price is $29.67 and the 200 Day Moving Average price is recorded at $28.08.
Equity One (NYSE:EQY) has climbed 0.9% in the past week and advanced 3.28% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.58% and the outperformance has advanced to 6.4% for the last 4 weeks period.
Equity One, Inc. is a real estate investment trust (REIT). The Company owns, manages, acquires, develops and redevelops shopping centers and retail properties located in supply constrained suburban and urban communities. The Companys subsidiaries include DIM Vastgoed, N.V. and C&C (US) No. 1, Inc. Its property portfolio include Circle Center West, Culver Center, Aventura Square, Bird Ludlum, Greenwood, Pavilion, Sheridan Plaza, Westport Plaza, Alafaya Village, Ryanwood, Plaza Escuela, Southbury Green, Buckhead Station, Hampton Oaks, Quincy Star Market, Elmwood Oaks, Centre Pointe Plaza and Westwood Towers, among others. These properties are located in Florida, California, Connecticut, New York, Georgia, Massachusetts, Louisiana, Maryland and North Carolina. Its consolidated shopping center portfolio comprised approximately 122 properties, including over 102 retail properties and approximately five non-retail properties totaling approximately 13.5 million square feet of GLA.