What’s Urstadt Biddle Properties Inc (NYSE:UBA) Upside After This Short Interest Decrease?

June 13, 2018 - By Adrian Mccoy

Urstadt Biddle Properties Inc. (NYSE:UBA) Logo

Investors sentiment increased to 1.23 in Q1 2018. Its up 0.06, from 1.17 in 2017Q4. It is positive, as 15 investors sold Urstadt Biddle Properties Inc. shares while 41 reduced holdings. 19 funds opened positions while 50 raised stakes. 22.93 million shares or 0.47% less from 23.04 million shares in 2017Q4 were reported.
Rhumbline Advisers holds 74,618 shares or 0% of its portfolio. Geode Capital Management Limited Com accumulated 0% or 299,384 shares. Credit Suisse Ag invested in 85,540 shares or 0% of the stock. The Japan-based Legg Mason Asset Mgmt (Japan) has invested 0.03% in Urstadt Biddle Properties Inc. (NYSE:UBA). First Manhattan owns 96,196 shares for 0.01% of their portfolio. Clearbridge Invests Ltd Co has 314,975 shares. Ls Invest Advsr Limited Liability Corporation stated it has 0% in Urstadt Biddle Properties Inc. (NYSE:UBA). Principal Financial Grp reported 0% in Urstadt Biddle Properties Inc. (NYSE:UBA). Proshare Ltd Limited Liability Company, Maryland-based fund reported 378,623 shares. Goldman Sachs Grp stated it has 0% of its portfolio in Urstadt Biddle Properties Inc. (NYSE:UBA). Balyasny Asset Mngmt holds 13,523 shares. Teachers Insurance And Annuity Association Of America holds 39,928 shares. Manufacturers Life Insurance The has invested 0% in Urstadt Biddle Properties Inc. (NYSE:UBA). Invesco Ltd reported 676,781 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 3,399 shares.

Since March 14, 2018, it had 2 buys, and 0 insider sales for $368,980 activity.

The stock of Urstadt Biddle Properties Inc (NYSE:UBA) registered a decrease of 2.04% in short interest. UBA’s total short interest was 269,000 shares in June as published by FINRA. Its down 2.04% from 274,600 shares, reported previously. With 79,200 shares average volume, it will take short sellers 3 days to cover their UBA’s short positions. The short interest to Urstadt Biddle Properties Inc’s float is 1.07%.

The stock increased 0.32% or $0.07 during the last trading session, reaching $22.04. About 18,424 shares traded. Urstadt Biddle Properties Inc. (NYSE:UBA) has risen 13.13% since June 13, 2017 and is uptrending. It has outperformed by 0.56% the S&P500.

Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 81 properties containing approximately 5.1 million square feet of space. The company has market cap of $647.08 million. Listed on the New York Stock Exchange since 1970, it provides investors with a means of participating in ownership of income-producing properties. It has a 40.74 P/E ratio.

More important recent Urstadt Biddle Properties Inc. (NYSE:UBA) news were published by: Businesswire.com which released: “Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares” on June 04, 2018, also Seekingalpha.com published article titled: “Hey Diddle Diddle, I’m Upgrading Urstadt Biddle”, Seekingalpha.com published: “Urstadt Biddle Properties Q2 leased rate dips slightly, occupancy rate improves” on June 08, 2018. More interesting news about Urstadt Biddle Properties Inc. (NYSE:UBA) was released by: Globenewswire.com and their article: “Market Trends Toward New Normal in Urstadt Biddle Properties, Scotts Miracle-Gro, Universal, PetMed Express …” with publication date: May 24, 2018.

Urstadt Biddle Properties Inc. (NYSE:UBA) Institutional Positions Chart

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