On May 3, 2018 Vereit Inc (NYSE:VER) Shorts Strengthened By 17.58%

May 3, 2018 - By Anthony Rauscher

VEREIT, Inc. (NYSE:VER) Corporate Logo

It was registered an increase on Vereit Inc (NYSE:VER)’s shorted shares with 17.58%. FINRA announced in May VER’s total 32.68M shorted shares. That’s 17.58% up from 27.80 million shares. Vereit Inc (NYSE:VER) has 8.28 million shares average volume. It’ll cost 4 days for VER to recover its former position. Vereit Inc’s shorted shares float is 3.36%.

Ticker’s shares touched $6.815 during the last trading session after 0.07% change.Currently VEREIT, Inc. is downtrending after 19.24% change in last May 3, 2017. VER has 1.96 million shares volume. VER underperformed by 30.79% the S&P 500.

VEREIT is a leading, full-service real estate operating firm with investment management capability.The company has $6.78 billion market cap. VEREIT owns and actively manages a diversified portfolio of retail, restaurant, office and industrial real estate assets with a total asset book value of $14.7 billion including approximately 4,100 properties and 92.2 million square feet, located in 49 states, as well as Puerto Rico and Canada.Currently it has negative earnings. Additionally, VEREIT manages $7.8 billion of gross real estate investments on behalf of the Cole Capital non-listed REITs.

VEREIT, Inc. (NYSE:VER) Analyst Ratings Chart

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