Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Short Interest Up 51.6% in March

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW - Get Free Report) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 122,200 shares, an increase of 51.6% from the February 28th total of 80,600 shares. Based on an average daily volume of 89,800 shares, the short-interest ratio is presently 1.4 days. Currently, 1.6% of the company's stock are short sold.

Strawberry Fields REIT Trading Down 4.8 %

Shares of NYSEAMERICAN:STRW traded down $0.57 during midday trading on Thursday, hitting $11.28. The stock had a trading volume of 119,220 shares, compared to its average volume of 55,587. The business has a 50-day moving average of $11.66. Strawberry Fields REIT has a 12 month low of $7.59 and a 12 month high of $12.90. The firm has a market capitalization of $84.37 million, a P/E ratio of 22.12, a P/E/G ratio of 1.10 and a beta of 0.51.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of STRW. Charles Schwab Investment Management Inc. increased its holdings in shares of Strawberry Fields REIT by 20.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 16,174 shares of the company's stock worth $205,000 after acquiring an additional 2,774 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Strawberry Fields REIT by 186.7% during the third quarter. JPMorgan Chase & Co. now owns 9,572 shares of the company's stock worth $121,000 after purchasing an additional 6,233 shares during the period. State Street Corp increased its holdings in shares of Strawberry Fields REIT by 4.1% in the third quarter. State Street Corp now owns 45,998 shares of the company's stock valued at $584,000 after purchasing an additional 1,796 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Strawberry Fields REIT by 14.1% in the third quarter. Geode Capital Management LLC now owns 98,445 shares of the company's stock valued at $1,249,000 after purchasing an additional 12,129 shares during the period. Finally, Barclays PLC raised its position in shares of Strawberry Fields REIT by 302.3% in the third quarter. Barclays PLC now owns 8,697 shares of the company's stock valued at $110,000 after purchasing an additional 6,535 shares during the period.

Analyst Ratings Changes

Several equities analysts have recently weighed in on STRW shares. Wedbush started coverage on shares of Strawberry Fields REIT in a research note on Monday, January 6th. They set an "outperform" rating and a $12.00 price target for the company. Compass Point initiated coverage on shares of Strawberry Fields REIT in a research report on Thursday, January 16th. They issued a "buy" rating and a $14.00 target price for the company. Janney Montgomery Scott initiated coverage on shares of Strawberry Fields REIT in a research report on Wednesday, December 18th. They set a "buy" rating and a $12.50 price target on the stock. Finally, Lake Street Capital started coverage on Strawberry Fields REIT in a report on Wednesday, January 8th. They issued a "buy" rating and a $13.50 price objective for the company.

Strawberry Fields REIT Company Profile

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.