Short Interest in Equity Commonwealth (NYSE:EQC) Declines By 35.2%

Equity Commonwealth (NYSE:EQC) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 1,690,000 shares, a decrease of 35.2% from the February 13th total of 2,610,000 shares. Based on an average daily volume of 2,320,000 shares, the short-interest ratio is presently 0.7 days. Currently, 1.7% of the company’s stock are short sold.

Equity Commonwealth Trading Up 0.3 %

EQC stock traded up $0.01 during mid-day trading on Monday, hitting $1.61. The stock had a trading volume of 228,414 shares, compared to its average volume of 1,451,960. The stock has a market capitalization of $172.41 million, a price-to-earnings ratio of 4.12 and a beta of 0.50. The company has a fifty day moving average of $1.70 and a 200 day moving average of $10.99. Equity Commonwealth has a 1-year low of $1.40 and a 1-year high of $21.00.

Institutional Trading of Equity Commonwealth

Large investors have recently made changes to their positions in the stock. Anson Funds Management LP boosted its stake in Equity Commonwealth by 317.9% during the 3rd quarter. Anson Funds Management LP now owns 208,939 shares of the real estate investment trust’s stock valued at $4,158,000 after purchasing an additional 158,939 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Equity Commonwealth by 117.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 384,954 shares of the real estate investment trust’s stock worth $7,661,000 after buying an additional 208,208 shares in the last quarter. Barclays PLC raised its holdings in shares of Equity Commonwealth by 250.5% in the 3rd quarter. Barclays PLC now owns 415,187 shares of the real estate investment trust’s stock worth $8,263,000 after buying an additional 296,742 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Equity Commonwealth in the 3rd quarter worth approximately $626,000. Finally, BNP Paribas Financial Markets raised its holdings in shares of Equity Commonwealth by 143.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 172,970 shares of the real estate investment trust’s stock worth $3,442,000 after buying an additional 101,829 shares in the last quarter. Institutional investors 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.