STORE Capital Corporation (NYSE:STOR), According to the latest information the short interest in STORE Capital Corporation plummeted by 0.6% or 45,455 shares. The final shorts are 4.9% of the total floated shares. The positions dropped from 7,475,673 shares on May 31,2016 to 7,430,218 on June 15,2016. According to the per-day average trading of 1,442,977 shares, the days to cover are 5. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
STORE Capital Corporation (NYSE:STOR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.69 and $26.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.79, notching a gain of 2.77% for the day. The total traded volume was 10,718,352 . The stock had closed at $27.04 on the previous day.
The company shares have rallied 37.17% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $27.93 and the one year low was seen on Sep 1, 2015. The 50-Day Moving Average price is $26.25 and the 200 Day Moving Average price is recorded at $25.04.
STORE Capital Corporation (NYSE:STOR) has climbed 3.12% in the past week and advanced 8.17% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.83% and the outperformance has advanced to 11.45% for the last 4 weeks period.
Store Capital Corporation is an internally managed net-lease real estate investment trust (REIT). The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE properties). As of December 31, 2014, the Company owns a portfolio consisting of investments in 947 property locations operated by 226 customers across 46 states. Its customers operate across a variety of industries within the service, retail and industrial sectors of the United States economy, with restaurants, early childhood education centers, health clubs, movie theaters and sporting goods stores representing the industries in its portfolio. The Company offers real estate financing solutions principally to middle market and businesses that own STORE Properties and operate within the broad-based service, retail and industrial sectors of the United States economy.