Vereit Inc (NYSE:VER) Shorted Shares Declined By 3.52%

June 27, 2018 - By Michael Higginson

VEREIT, Inc. (NYSE:VER) Corporate Logo

Vereit Inc (NYSE:VER) reported a decrease of 3.52% in short interest. FINRA issued short interest of VER’s total 28.49 million shares. The 29.53M previous shares are down with 3.52%. 5 days will cost VER with 5.71 million average volume to recover its former position. 2.93% is Vereit Inc float short.

Ticker’s shares touched $7.515 during the last trading session after 0.47% change.VEREIT, Inc. has volume of 2.75 million shares. Since June 27, 2017 VER has declined 15.19% and is downtrending. VER underperformed the S&P 500 by 27.76%.

VEREIT is a leading, full-service real estate operating firm with investment management capability.The company has $7.47 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.

There’s an important VEREIT, Inc. (NYSE:VER) news brought out by It’s an article titled: “Vereit: One Settlement Down” on June 12, 2018.

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

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