Sila Realty Trust, Inc. (NYSE:SILA) Short Interest Update

Sila Realty Trust, Inc. (NYSE:SILA - Get Free Report) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 264,000 shares, an increase of 60.7% from the July 31st total of 164,300 shares. Approximately 0.6% of the company's shares are short sold. Based on an average trading volume of 670,300 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Sila Realty Trust

A number of institutional investors have recently made changes to their positions in SILA. Cetera Investment Advisers bought a new position in Sila Realty Trust during the second quarter valued at approximately $7,547,000. Advisory Alpha LLC bought a new position in shares of Sila Realty Trust during the 2nd quarter valued at $472,000. Sunbelt Securities Inc. bought a new stake in shares of Sila Realty Trust in the second quarter worth $81,000. Northwestern Mutual Wealth Management Co. bought a new position in Sila Realty Trust in the second quarter valued at about $344,000. Finally, Creative Planning purchased a new position in Sila Realty Trust in the second quarter worth about $477,000.

Wall Street Analyst Weigh In

Separately, BNP Paribas initiated coverage on Sila Realty Trust in a research note on Tuesday, June 25th. They issued an "outperform" rating and a $30.00 target price on the stock.

Sila Realty Trust Price Performance

Shares of Sila Realty Trust stock traded up $0.09 on Wednesday, reaching $24.26. The company's stock had a trading volume of 816,429 shares, compared to its average volume of 499,077. Sila Realty Trust has a 52 week low of $7.45 and a 52 week high of $26.05.

Sila Realty Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, August 30th will be paid a dividend of $0.1333 per share. This represents a $1.60 annualized dividend and a yield of 6.59%. The ex-dividend date is Friday, August 30th.

Sila Realty Trust Company Profile

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams.

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