Colony Northstar Inc (NYSE:CLNS)’s Trend Unknown, Especially After Increased Shorts

April 20, 2018 - By Adrian Erickson

The stock of Colony Northstar Inc (NYSE:CLNS) registered an increase of 53.14% in short interest. CLNS’s total short interest was 26.48 million shares in April as published by FINRA. Its up 53.14% from 17.29M shares, reported previously. With 10.95M shares average volume, it will take short sellers 2 days to cover their CLNS’s short positions. The short interest to Colony Northstar Inc’s float is 5.51%.

The stock increased 0.71% or $0.04 during the last trading session, reaching $5.69. About 7.16M shares traded. Colony NorthStar, Inc. (NYSE:CLNS) has declined 56.60% since April 20, 2017 and is downtrending. It has underperformed by 68.15% the S&P500.

The firm invests in the real estate markets of North America and Europe. The company has market cap of $3.11 billion. The Company’s investment portfolio is primarily composed of real estate equity; real estate and real estate-related debt; and investment management of company-sponsored private equity funds and vehicles. It currently has negative earnings. The firm invests in wide spectrum of commercial real estate property types, including but not limited to, office, industrial, retail, hospitality, education, single-family and multifamily residential assets, and geographies, primarily within North America and Europe.

Colony NorthStar, Inc. (NYSE:CLNS) Ratings Chart

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