Net Lease Office Properties (NYSE:NLOP) Short Interest Update

Net Lease Office Properties (NYSE:NLOP) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 329,300 shares, a decline of 47.2% from the January 31st total of 623,900 shares. Currently, 2.2% of the shares of the company are sold short. Based on an average daily volume of 135,000 shares, the short-interest ratio is presently 2.4 days.

Institutional Trading of Net Lease Office Properties

Hedge funds and other institutional investors have recently bought and sold shares of the company. DekaBank Deutsche Girozentrale bought a new stake in Net Lease Office Properties during the 3rd quarter worth approximately $34,000. KLP Kapitalforvaltning AS bought a new stake in Net Lease Office Properties during the 4th quarter worth approximately $76,000. Tower Research Capital LLC TRC increased its holdings in Net Lease Office Properties by 113.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,515 shares of the company’s stock worth $78,000 after acquiring an additional 1,339 shares during the period. Daiwa Securities Group Inc. increased its holdings in shares of Net Lease Office Properties by 12.6% in the 3rd quarter. Daiwa Securities Group Inc. now owns 4,952 shares of the company’s stock worth $152,000 after buying an additional 556 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Net Lease Office Properties in the 4th quarter worth $161,000. Institutional investors own 58.33% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, BWS Financial reissued a “buy” rating and issued a $46.00 price target on shares of Net Lease Office Properties in a research report on Thursday, November 14th.

Net Lease Office Properties Trading Up 2.1 %

NYSE NLOP opened at $32.41 on Friday. The company’s 50 day moving average is $31.42 and its 200-day moving average is $31.01. Net Lease Office Properties has a 12-month low of $22.16 and a 12-month high of $34.38. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.95 and a quick ratio of 1.95.

Net Lease Office Properties Company Profile

Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe.