Stratus Properties Inc. (NASDAQ:STRS) Sees Large Growth in Short Interest

Stratus Properties Inc. (NASDAQ:STRS) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 113,723 shares, an increase of 23.9% from the January 15th total of 91,753 shares. Approximately 1.6% of the company’s stock are sold short. Based on an average trading volume of 12,388 shares, the short-interest ratio is presently 9.2 days. Based on an average trading volume of 12,388 shares, the short-interest ratio is presently 9.2 days. Approximately 1.6% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on STRS shares. Wall Street Zen upgraded Stratus Properties to a “sell” rating in a research note on Friday, January 23rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Stratus Properties in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Stratus Properties Stock Performance

NASDAQ STRS traded up $0.19 during trading hours on Tuesday, hitting $29.59. The company had a trading volume of 5,888 shares, compared to its average volume of 11,469. The business has a 50 day moving average of $26.54 and a 200-day moving average of $21.99. The company has a market cap of $236.42 million, a PE ratio of -29.30 and a beta of 1.28. Stratus Properties has a 1-year low of $15.10 and a 1-year high of $31.35. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.67 and a current ratio of 3.67.

Institutional Trading of Stratus Properties

Several institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets grew its position in Stratus Properties by 84.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,265 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 580 shares during the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Stratus Properties during the second quarter worth about $26,000. Tower Research Capital LLC TRC grew its holdings in shares of Stratus Properties by 348.1% during the second quarter. Tower Research Capital LLC TRC now owns 2,451 shares of the financial services provider’s stock worth $46,000 after buying an additional 1,904 shares during the last quarter. MetLife Investment Management LLC acquired a new position in Stratus Properties in the 4th quarter valued at about $93,000. Finally, Wells Fargo & Company MN raised its stake in Stratus Properties by 46.2% during the 4th quarter. Wells Fargo & Company MN now owns 7,488 shares of the financial services provider’s stock valued at $181,000 after acquiring an additional 2,367 shares during the last quarter. Hedge funds and other institutional investors own 61.63% of the company’s stock.

Stratus Properties Company Profile

Stratus Properties, Inc (NASDAQ: STRS) is a publicly traded real estate investment and management company focused on acquiring, owning and operating single-tenant commercial properties in the United States. The company targets net‐lease assets in the office, industrial and retail sectors, seeking long-term, creditworthy tenants under triple-net leases that transfer property-related expenses to lessees. Stratus Properties employs a disciplined investment strategy designed to generate stable, risk-adjusted returns for its shareholders.

Since its initial public offering in 2014, Stratus Properties has built a diversified portfolio of properties across major metropolitan and secondary markets.