Franklin Street Properties Corp. Short Interest Down 4.0% in August (FSP)
Shares of Franklin Street Properties Corp. (NYSE:FSP) were the target of a significant decline in short interest during the month of August. As of August 15th, there was short interest totalling 1,921,146 shares, a decline of 4.0% from the July 31st total of 2,000,899 shares, Analyst RN reports. Currently, 2.1% of the company’s stock are sold short. Based on an average trading volume of 354,889 shares, the short-interest ratio is currently 5.4 days.
Shares of Franklin Street Properties Corp. (NYSE:FSP) opened at 12.13 on Thursday. Franklin Street Properties Corp. has a 1-year low of $11.04 and a 1-year high of $13.77. The stock’s 50-day moving average is $12.30 and its 200-day moving average is $12.36. The company has a market cap of $1.215 billion and a price-to-earnings ratio of 67.65.
Franklin Street Properties Corp. (NYSE:FSP) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.28 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.28. Analysts expect that Franklin Street Properties Corp. will post $1.12 EPS for the current fiscal year.
Franklin Street Properties Corp. (NYSE:FSP) is a real estate investment trust (REIT).
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