Equity Commonwealth (NYSE:EQC) Short Interest Update

Equity Commonwealth (NYSE:EQC) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 1,510,000 shares, an increase of 5.6% from the May 31st total of 1,430,000 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average daily volume of 834,400 shares, the short-interest ratio is presently 1.8 days.

Equity Commonwealth Trading Up 0.7 %

Shares of EQC traded up $0.13 during midday trading on Wednesday, reaching $19.37. The stock had a trading volume of 295,631 shares, compared to its average volume of 882,150. The firm has a 50 day simple moving average of $19.20 and a 200-day simple moving average of $19.04. The firm has a market cap of $2.08 billion, a PE ratio of 24.47 and a beta of 0.28. Equity Commonwealth has a one year low of $17.93 and a one year high of $20.75.

Institutional Investors Weigh In On Equity Commonwealth

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Boston Partners grew its holdings in Equity Commonwealth by 299.1% during the 1st quarter. Boston Partners now owns 725,020 shares of the real estate investment trust’s stock worth $13,686,000 after acquiring an additional 543,344 shares during the last quarter. Virtu Financial LLC bought a new stake in Equity Commonwealth during the 1st quarter worth approximately $248,000. Western Standard LLC grew its holdings in Equity Commonwealth by 76.1% during the 1st quarter. Western Standard LLC now owns 442,841 shares of the real estate investment trust’s stock worth $8,361,000 after acquiring an additional 191,359 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in Equity Commonwealth by 0.5% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,718,940 shares of the real estate investment trust’s stock worth $32,454,000 after acquiring an additional 7,837 shares during the last quarter. Finally, Whitebox Advisors LLC bought a new stake in Equity Commonwealth during the 1st quarter worth approximately $12,597,000. 96.00% of the stock is owned by institutional investors.

Equity Commonwealth Company Profile

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's portfolio is comprised of four properties totaling 1.5 million square feet.