Digital Realty Trust (DLR) : The short interest in Digital Realty Trust (DLR) has increased from 22,853,922 to 23,409,840 from Jul 29, 2016, to August 15, 2016, indicating that the traders are bearish on the stock. On an average, 1,439,597 shares are traded daily in the stock and only 16 days are left for the shorts to cover. The short open interest is 14.7% of the total shares in the hands of the public. The shorts in the stock have gone up by 555,918 shares, which is an increase of 2.4% over the previous reading. The short interest information was released on Wednesday Aug 24th after the market close.
Digital Realty Trust (NYSE:DLR): The stock opened at $99.72 on Wednesday but the bulls could not build on the opening and the stock topped out at $100.13 for the day. The stock traded down to $98.31 during the day, due to lack of any buying support eventually closed down at $98.88 with a loss of -0.77% for the day. The stock had closed at $99.65 on the previous day. The total traded volume was 1,232,938 shares.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Sr. Vice President, Controller) of Digital Realty Trust, Inc., Sham Edward F, had purchased 113 shares in a transaction dated on February 29, 2016. The transaction was executed at $63.68 per share with total amount equaling $7,196.
Digital Realty Trust, Inc. is a real estate investment trust (REIT) that owns, acquires, develops and manages technology-related real estate. The Companys services include implementation services, remote hands services, data center infrastructure management (DCIM), client services and digital realty partner network. The Company is a sole general partner of Digital Realty Trust, L.P. As of December 31, 2014, Digital Realty Trust, Inc. owned 97.8% common general partnership interest in Digital Realty Trust, L.P. The remaining 2.2% common limited partnership interests are owned by non-affiliated investors and certain directors and officers of Digital Realty Trust, Inc. The Company focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology (IT) departments of Fortune 100 and financial services companies.