Lexington Realty Trust June 15th Short Interest Update

Lexington Realty Trust (NYSE:LXP) has shown a drop of 10.2% or 504,701 shares in the short positions. The bets have increased to 4,456,259 shares on June 15,2016 from 4,960,960 shares on May 31,2016. With respect to the floated shares, the shorts are 2.1%. The days to cover are calculated to be 4, using the standard per day volume of 992,652 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Lexington Realty Trust (NYSE:LXP): The stock opened at $9.67 on Friday but the bulls could not build on the opening and the stock topped out at $9.88 for the day. The stock traded down to $9.55 during the day, due to lack of any buying support eventually closed down at $9.78 with a loss of -0.71% for the day. The stock had closed at $9.85 on the previous day. The total traded volume was 4,637,323 shares.

The company shares have rallied 15.06% from its 1 Year high price. On Jun 20, 2016, the shares registered one year high at $9.96 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $9.51 and the 200 Day Moving Average price is recorded at $8.40.

Lexington Realty Trust (NYSE:LXP) has climbed 0.41% in the past week and advanced 3.38% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.08% and the outperformance has advanced to 6.51% for the last 4 weeks period.

Lexington Realty Trust is a self-managed and self-administered real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant properties and land. It also provides investment advisory and asset management services to investors in the single-tenant area. The Company has equity ownership interests in approximately 215 consolidated real estate properties, located in 40 states and containing an aggregate of approximately 39.9 million square feet of space, approximately 96.4% of which was leased. It conducts its operations through property owner subsidiaries and lender subsidiaries; an operating partnership, Lepercq Corporate Income Fund L.P., in which the Company is the sole unit holder of the general partner and the sole unit holder of the limited partner that holds a majority of the limited partner interests; Lexington Realty Advisors, Inc., a subsidiary of the Company, and investments in joint ventures.

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