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Kite Realty Group Trust (KRG) Sees Large Drop in Short Interest

15 November 2017

With 492,300 avg volume, 9 days are for Cedar Realty Trust Incorporated (NYSE:CDR)'s short sellers to cover CDR's short positions. About 55,621 shares traded or 61.24% up from the average.

Kite Realty Group Trust is a real estate investment trust. The value of the total investment in First Potomac Realty Trust went from $1,075,000 to $2,319,000 increasing 115.7% for the reporting period. The shares were sold at an average price of $8.03, for a total value of $224,840.00. The stock declined 0.24% or $0.11 reaching $45.64 on the news. Teachers Advisors LLC raised its position in shares of Lexington Realty Trust by 1.8% in the 1st quarter. Therefore 43% are positive. Cedar Realty Trust had 11 analyst reports since August 12, 2015 according to SRatingsIntel. Robert W. Baird upgraded it to "Outperform" rating and $6 target in Monday, March 13 report. KeyCorp reissued a "hold" rating on shares of First Industrial Realty Trust in a research note on Tuesday, October 24th. The company was maintained on Tuesday, August 8 by FBR Capital. The analyst recommendations from a month ago are 3 Buy, 2 Overweight, 0 Sell, 4 Hold and 0 Underweight. The firm earned "Sell" rating on Monday, August 7 by Boenning & Scattergood.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th.

The company is down by 0.06% since yesterday's close of 32.23. The Company focuses on ownership and operation of grocery-anchored shopping centers straddling the Washington District of Columbia (DC) to Boston corridor. It now has negative earnings.

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Investors sentiment increased to 1.62 in Q2 2017. Its up 0.04, from 1.31 in 2017Q1. 29 funds opened positions while 44 raised stakes. Navellier Associates invested in 45,022 shares. Victory Mgmt has 270,700 shares. Group Inc holds 0% of its portfolio in First Potomac Realty Trust (NYSE:FPO) for 36,041 shares. Following the transaction, the director now directly owns 41,782 shares in the company, valued at $259,466.22. Wfg Advsr L P has 3,000 shares for 0.01% of their portfolio. Gam Hldg Ag holds 6,513 shares. Accern also gave media coverage about the real estate investment trust an impact score of 47.5654012824943 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. Ubs Asset Management Americas holds 0% of its portfolio in Cedar Realty Trust Inc (NYSE:CDR) for 168,286 shares. Walleye Trading Ltd Limited Liability Company invested in 24,496 shares. Dimensional Fund Advisors LP now owns 3,044,990 shares of the real estate investment trust's stock worth $30,388,000 after buying an additional 121,189 shares during the period. Panagora Asset owns 239,352 shares. Us Bank De holds 2,015 shares or 0% of its portfolio. Asset Management One Co. SG Americas Securities LLC now owns 5,394 shares of the real estate investment trust's stock worth $102,000 after acquiring an additional 557 shares in the last quarter. It also upped Kraton Corporation (NYSE:KRA) stake by 20,700 shares and now owns 290,700 shares. Jpmorgan Chase & Co (NYSE:JPM) was reduced too. Hedge funds and other institutional investors own 97.01% of the company's stock. Rhumbline Advisers accumulated 185,463 shares or 0% of the stock. Canaccord Genuity initiated the shares of ERF in report on Wednesday, August 17 with "Buy" rating. 89,002 were accumulated by Connable Office. Country Club Na reported 2.34% stake. Creative Planning has invested 0% in Arbor Realty Trust Inc (NYSE:ABR). Winslow Evans And Crocker reported 4,183 shares or 0% of all its holdings. Proxima Capital Management Llc sold 137,280 shares as Enerplus Corp (ERF)'s stock declined 10.68%. Lexington Realty Trust's dividend payout ratio (DPR) is 259.26%. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 6,455 shares.

CDR has been the subject of several research analyst reports. The stock of Citigroup Inc (NYSE:C) earned "Neutral" rating by Bank of America on Wednesday, October 11. Stifel Nicolaus has "Sell" rating and $11.15 target. That puts the market capitalization at $190.82 bln. Gaia Inc (NASDAQ:GAIA) has risen 39.47% since November 13, 2016 and is uptrending. The company was maintained on Friday, September 23 by CLSA. The firm has "In-Line" rating given on Monday, April 3 by Evercore. The firm has "Sell" rating given on Monday, October 16 by Societe Generale. Raymond James initiated the stock with "Outperform" rating in Friday, December 18 report.

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