Net Lease Office Properties (NYSE:NLOP) Short Interest Down 44.7% in January

Net Lease Office Properties (NYSE:NLOP - Get Free Report) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 1,140,000 shares, a decline of 44.7% from the December 31st total of 2,060,000 shares. Approximately 7.8% of the company's stock are short sold. Based on an average daily trading volume, of 112,500 shares, the short-interest ratio is presently 10.1 days.

Net Lease Office Properties Trading Up 0.5 %

Shares of NLOP traded up $0.16 during midday trading on Wednesday, hitting $32.09. 48,434 shares of the stock traded hands, compared to its average volume of 205,739. Net Lease Office Properties has a 1-year low of $22.16 and a 1-year high of $33.06. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.95 and a current ratio of 1.95. The business's 50 day moving average price is $31.41 and its two-hundred day moving average price is $30.64.

Net Lease Office Properties (NYSE:NLOP - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported ($2.73) earnings per share for the quarter. The company had revenue of $31.48 million during the quarter. Net Lease Office Properties had a negative return on equity of 30.16% and a negative net margin of 122.90%. Analysts forecast that Net Lease Office Properties will post 2.64 earnings per share for the current year.

Institutional Investors Weigh In On Net Lease Office Properties

A number of institutional investors and hedge funds have recently bought and sold shares of NLOP. Marshall Wace LLP raised its holdings in Net Lease Office Properties by 398.5% during the 2nd quarter. Marshall Wace LLP now owns 91,467 shares of the company's stock worth $2,252,000 after buying an additional 73,119 shares during the period. Anson Funds Management LP boosted its holdings in shares of Net Lease Office Properties by 46.6% during the third quarter. Anson Funds Management LP now owns 171,505 shares of the company's stock worth $5,251,000 after purchasing an additional 54,552 shares during the period. DRW Securities LLC acquired a new stake in Net Lease Office Properties in the third quarter valued at approximately $976,000. AQR Capital Management LLC lifted its stake in Net Lease Office Properties by 240.6% in the second quarter. AQR Capital Management LLC now owns 36,768 shares of the company's stock valued at $882,000 after acquiring an additional 25,972 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Net Lease Office Properties in the fourth quarter valued at approximately $498,000. 58.33% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, BWS Financial reiterated a "buy" rating and set a $46.00 target price on shares of Net Lease Office Properties in a research note on Thursday, November 14th.

Net Lease Office Properties Company Profile

Net Lease Office Properties NYSE: NLOP is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe.