Equity Commonwealth (NYSE:EQC) Short Interest Down 35.2% in February

Equity Commonwealth (NYSE:EQC) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 1,690,000 shares, a decline of 35.2% from the February 13th total of 2,610,000 shares. Approximately 1.7% of the company’s stock are sold short. Based on an average daily volume of 2,320,000 shares, the days-to-cover ratio is currently 0.7 days.

Equity Commonwealth Stock Up 1.6 %

Shares of EQC stock traded up $0.03 during trading on Friday, reaching $1.62. The company’s stock had a trading volume of 426,024 shares, compared to its average volume of 922,488. The business has a fifty day moving average price of $1.70 and a 200-day moving average price of $11.12. The company has a market cap of $173.48 million, a price-to-earnings ratio of 4.14 and a beta of 0.50. Equity Commonwealth has a one year low of $1.40 and a one year high of $21.00.

Institutional Trading of Equity Commonwealth

A number of institutional investors have recently made changes to their positions in the business. Nomura Asset Management Co. Ltd. increased its holdings in shares of Equity Commonwealth by 0.8% in the third quarter. Nomura Asset Management Co. Ltd. now owns 133,100 shares of the real estate investment trust’s stock valued at $2,649,000 after purchasing an additional 1,000 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Equity Commonwealth by 0.5% in the third quarter. Public Employees Retirement System of Ohio now owns 249,768 shares of the real estate investment trust’s stock valued at $4,970,000 after acquiring an additional 1,263 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in shares of Equity Commonwealth by 6.0% in the third quarter. Daiwa Securities Group Inc. now owns 35,105 shares of the real estate investment trust’s stock valued at $699,000 after acquiring an additional 1,996 shares in the last quarter. Entropy Technologies LP grew its stake in shares of Equity Commonwealth by 11.9% in the third quarter. Entropy Technologies LP now owns 31,904 shares of the real estate investment trust’s stock valued at $635,000 after acquiring an additional 3,402 shares in the last quarter. Finally, Empowered Funds LLC grew its stake in shares of Equity Commonwealth by 3.0% in the third quarter. Empowered Funds LLC now owns 144,726 shares of the real estate investment trust’s stock valued at $2,880,000 after acquiring an additional 4,185 shares in the last quarter. Institutional investors own 96.00% of the company’s stock.

About Equity Commonwealth

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's portfolio is comprised of four properties totaling 1.5 million square feet.