Douglas Elliman Inc. (NYSE:DOUG) Short Interest Update

Douglas Elliman Inc. (NYSE:DOUG - Get Free Report) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 484,300 shares, a decrease of 14.5% from the January 31st total of 566,400 shares. Based on an average trading volume of 888,300 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.7% of the company's shares are sold short.

Douglas Elliman Trading Up 0.9 %

NYSE:DOUG traded up $0.02 on Friday, hitting $1.72. 520,931 shares of the stock were exchanged, compared to its average volume of 924,228. The stock has a market cap of $152.92 million, a PE ratio of -1.67 and a beta of 1.56. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.20. The stock has a fifty day moving average of $1.81 and a 200-day moving average of $1.87. Douglas Elliman has a fifty-two week low of $1.00 and a fifty-two week high of $2.98.

Institutional Investors Weigh In On Douglas Elliman

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new stake in Douglas Elliman during the fourth quarter worth about $25,000. Boothbay Fund Management LLC acquired a new stake in Douglas Elliman during the fourth quarter worth about $27,000. Alpine Global Management LLC acquired a new stake in Douglas Elliman during the fourth quarter worth about $28,000. Mesirow Financial Investment Management Inc. purchased a new stake in shares of Douglas Elliman in the third quarter worth about $34,000. Finally, US Bancorp DE grew its stake in shares of Douglas Elliman by 36,851.9% in the fourth quarter. US Bancorp DE now owns 19,954 shares of the company's stock valued at $33,000 after buying an additional 19,900 shares in the last quarter. 59.56% of the stock is currently owned by institutional investors and hedge funds.

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About Douglas Elliman

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.