Short Interest in Stratus Properties Inc. (NASDAQ:STRS) Rises By 23.9%

Stratus Properties Inc. (NASDAQ:STRS) was the recipient 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. Currently, 1.6% of the company’s stock are short sold. Based on an average daily volume of 12,388 shares, the short-interest ratio is presently 9.2 days. Based on an average daily volume of 12,388 shares, the short-interest ratio is presently 9.2 days. Currently, 1.6% of the company’s stock are short sold.

Analyst Ratings Changes

A number of analysts have issued reports on STRS shares. Wall Street Zen raised Stratus Properties to a “sell” rating in a report on Friday, January 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Stratus Properties in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Stratus Properties Stock Performance

STRS traded down $0.29 on Monday, reaching $29.40. The company had a trading volume of 6,046 shares, compared to its average volume of 11,469. The company has a quick ratio of 3.67, a current ratio of 3.67 and a debt-to-equity ratio of 0.61. Stratus Properties has a 1 year low of $15.10 and a 1 year high of $31.35. The stock has a market capitalization of $234.91 million, a PE ratio of -29.11 and a beta of 1.28. The stock has a 50-day moving average price of $26.20 and a 200-day moving average price of $21.80.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Ingalls & Snyder LLC lifted its stake in Stratus Properties by 0.5% in the second quarter. Ingalls & Snyder LLC now owns 900,005 shares of the financial services provider’s stock valued at $16,992,000 after buying an additional 4,804 shares during the last quarter. Hodges Capital Management Inc. increased its holdings in shares of Stratus Properties by 1.5% in the 2nd quarter. Hodges Capital Management Inc. now owns 145,470 shares of the financial services provider’s stock valued at $2,746,000 after acquiring an additional 2,100 shares during the period. Geode Capital Management LLC raised its position in Stratus Properties by 11.1% in the 2nd quarter. Geode Capital Management LLC now owns 159,286 shares of the financial services provider’s stock valued at $3,008,000 after purchasing an additional 15,896 shares during the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new stake in Stratus Properties in the 2nd quarter valued at $26,000. Finally, Tower Research Capital LLC TRC boosted its stake in Stratus Properties by 348.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,451 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 1,904 shares during the period. Hedge funds and other institutional investors own 61.63% of the company’s stock.

About Stratus Properties

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.