Equity Commonwealth (NYSE:EQC) Short Interest Update

Equity Commonwealth (NYSE:EQC) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 1,510,000 shares, a growth of 5.6% from the May 31st total of 1,430,000 shares. Currently, 1.4% of the shares of the stock are short sold. Based on an average trading volume of 834,400 shares, the short-interest ratio is currently 1.8 days.

Equity Commonwealth Stock Up 0.6 %

EQC opened at $19.35 on Thursday. The firm’s fifty day simple moving average is $19.22 and its two-hundred day simple moving average is $19.04. Equity Commonwealth has a 52-week low of $17.93 and a 52-week high of $20.75. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 24.49 and a beta of 0.28.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Equity Commonwealth during the fourth quarter valued at approximately $34,000. Van ECK Associates Corp lifted its holdings in Equity Commonwealth by 48.5% in the 4th quarter. Van ECK Associates Corp now owns 3,085 shares of the real estate investment trust’s stock valued at $59,000 after purchasing an additional 1,008 shares in the last quarter. Signaturefd LLC boosted its stake in Equity Commonwealth by 82.6% during the 4th quarter. Signaturefd LLC now owns 4,909 shares of the real estate investment trust’s stock worth $94,000 after purchasing an additional 2,221 shares during the last quarter. Covestor Ltd grew its holdings in shares of Equity Commonwealth by 21.4% during the first quarter. Covestor Ltd now owns 7,083 shares of the real estate investment trust’s stock worth $134,000 after buying an additional 1,250 shares in the last quarter. Finally, Graham Capital Wealth Management LLC acquired a new stake in shares of Equity Commonwealth in the fourth quarter valued at about $195,000. Institutional investors and hedge funds own 96.00% of the company’s stock.

About Equity Commonwealth

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's portfolio is comprised of four properties totaling 1.5 million square feet.