The stock of Alexandria Real Estate Equity IN (NYSE:ARE) registered a decrease of 10.52% in short interest. ARE’s total short interest was 1.38M shares in April as published by FINRA. Its down 10.52% from 1.54M shares, reported previously. With 370,700 shares average volume, it will take short sellers 4 days to cover their ARE’s short positions. The short interest to Alexandria Real Estate Equity IN’s float is 1.91%. The stock increased 0.61% or $0.55 on March 31, hitting $90.9. Alexandria Real Estate Equities Inc (NYSE:ARE) has risen 5.85% since August 25, 2015 and is uptrending. It has underperformed by 4.44% the S&P500.
Alexandria Real Estate Equities, Inc. is a self-administered and self-managed real estate investment . The company has a market cap of $6.63 billion. The Firm is engaged in the business of providing office/laboratory and tech office space for lease to the science and technology industries. It has 55.64 P/E ratio. The Firm has five properties in Canada, as well as eight operating properties, one development project, and several land parcels in Asia.
The institutional sentiment increased to 1.21 in 2015 Q3. Its up 0.08, from 1.13 in 2015Q2. The ratio improved, as 21 funds sold all Alexandria Real Estate Equities Inc shares owned while 96 reduced positions. 31 funds bought stakes while 111 increased positions. They now own 81.17 million shares or 16.91% more from 69.43 million shares in 2015Q2.
American Assets Capital Advisers holds 4.37% of its portfolio in Alexandria Real Estate Equities Inc for 76,110 shares. Apg Asset Management Us Inc. owns 5.41 million shares or 4.07% of their US portfolio. Moreover, Real Estate Management Services Llc has 2.31% invested in the company for 176,100 shares. The Pennsylvania-based Cbre Clarion Securities Llc has invested 1.88% in the stock. Security Capital Research & Management Inc, a Illinois-based fund reported 579,228 shares.
Out of 11 analysts covering Alexandria Real Estate Equities Inc. (NYSE:ARE), 7 rate it “Buy”, 0 “Sell”, while 5 “Hold”. This means 58% are positive. Alexandria Real Estate Equities Inc. was the topic in 8 analyst reports since August 24, 2015 according to StockzIntelligence Inc. Mizuho maintained the stock on October 19 with “Buy” rating.
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