The stock of Blackstone Mortgage Trust New (NYSE:BXMT) registered a decrease of 15.68% in short interest. BXMT’s total short interest was 1.99 million shares in March as published by FINRA. Its down 15.68% from 2.36 million shares, reported previously. With 585,000 shares average volume, it will take short sellers 3 days to cover their BXMT’s short positions. The short interest to Blackstone Mortgage Trust New’s float is 2.41%. The stock is down 0.54% or $0.14 after the news, hitting $25.67 per share. About 269,986 shares traded hands. Blackstone Mortgage Trust Inc (NYSE:BXMT) has declined 12.15% since August 3, 2015 and is downtrending. It has underperformed by 6.49% the S&P500.
Blackstone Mortgage Trust, Inc. is a holding company. The company has a market cap of $2.35 billion. The Firm is a real estate investment trust , which is a real estate finance firm that originates and purchases senior loans collateralized by properties in North America and Europe. It has 10.79 P/E ratio. The Firm has two operating divisions: the Loan Origination segment and the CT Legacy Portfolio segment.
The institutional sentiment decreased to 1.54 in 2015 Q3. Its down 3.36, from 4.9 in 2015Q2. The ratio is negative, as 23 funds sold all Blackstone Mortgage Trust Inc shares owned while 49 reduced positions. 29 funds bought stakes while 82 increased positions. They now own 81.75 million shares or 42.43% less from 142.00 million shares in 2015Q2.
Wesley Capital Management Llc holds 22.31% of its portfolio in Blackstone Mortgage Trust Inc for 952,835 shares. Ranger International Management Lp owns 802,262 shares or 7.26% of their US portfolio. Moreover, Long Pond Capital Lp has 7.14% invested in the company for 6.00 million shares. The New York-based Bluemar Capital Management Llc has invested 7% in the stock. Jrm Investment Counsel Llc, a Nebraska-based fund reported 141,535 shares.
Since March 31, 2015, the stock had 0 insider buys, and 5 insider sales for $36,151 net activity. Armer Douglas N. sold 538 shares worth $14,580. Marone Anthony F. Jr sold 181 shares worth $4,905. Quinlan Paul D sold 241 shares worth $6,531. Rothschild Randall S. sold 253 shares worth $6,856. The insider Ruffing Thomas C sold 121 shares worth $3,279.
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