EagleRock Land, LLC (NYSE:EROK) Short Interest Update

EagleRock Land, LLC (NYSE:EROK) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 258,412 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily volume of 547,938 shares, the short-interest ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded EagleRock Land to a “hold” rating in a research note on Saturday, May 23rd.

EagleRock Land Price Performance

Shares of EagleRock Land stock traded down $0.38 during mid-day trading on Monday, reaching $21.91. 221,102 shares of the stock traded hands, compared to its average volume of 576,218. EagleRock Land has a fifty-two week low of $21.20 and a fifty-two week high of $24.80.

Insider Transactions at EagleRock Land

In related news, Director Stephanie L. Reed bought 13,513 shares of the stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of $18.50 per share, for a total transaction of $249,990.50. Following the completion of the purchase, the director directly owned 13,513 shares of the company’s stock, valued at $249,990.50. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Raj Kumar bought 5,405 shares of the stock in a transaction dated Friday, May 15th. The stock was bought at an average price of $18.50 per share, for a total transaction of $99,992.50. Following the purchase, the director directly owned 5,405 shares of the company’s stock, valued at approximately $99,992.50. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired a total of 518,918 shares of company stock valued at $9,599,983 over the last three months.