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Stocks in companies that own apartment buildings are holding up better than most other real estate investment trusts, as a tough U.S. housing market keeps demand for rental housing healthy and tenant turnover low.
Stocks in companies that own apartment buildings are holding up better than most other real estate investment trusts, as a tough U.S. housing market keeps demand for rental housing healthy
Essex Property Trust, Inc. (NYSE:ESS – Get Free Report) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 1,410,000 shares, a decline of 13.0% from the April 30th total of 1,620,000 shares. Approximately 2.2% of the shares of the stock are short sold. […]
Essex Property Trust, Inc. (NYSE:ESS – Get Free Report) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 1,410,000 shares, a drop of 13.0% from the April 30th total of 1,620,000 shares. Based on an average daily volume of 363,600 shares, the days-to-cover […]