Caretrust Reit Inc (NASDAQ:CTRE) Sellers Rose By 59.48% Their Shorts

April 16, 2018 - By Elizabeth Jones

CareTrust REIT, Inc. (NASDAQ:CTRE) Corporate Logo

Caretrust Reit Inc (NASDAQ:CTRE) had an increase of its short interest by 59.48%. FINRA published in April CTRE’s total 3.45M short interest. That’s 59.48% up from 2.16 million shares. 4 days will cost CTRE With 811,500 average volume to recover its previous position. Float short on Caretrust Reit Inc is 4.61%.

The stock increased 1.28% or $0.17 during the last trading session, reaching $13.41.Currently CareTrust REIT, Inc. is downtrending after 16.26% change in last April 16, 2017. CTRE has 581,195 shares volume. CTRE underperformed by 27.81% the S&P 500.

CareTrust REIT, Inc. is a real estate investment trust.The company has $1.02 billion market cap. The firm invests in real estate markets of the United States.38.31 is the P/E ratio. It is engaged in the ownership, acquisition, development and leasing of seniors housing and healthcare-related properties.

CareTrust REIT, Inc. (NASDAQ:CTRE) Ratings Coverage

Total analysts of 8 have positions in CareTrust REIT (NASDAQ:CTRE) as follows: 4 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 50%. Since October 23, 2017 according to StockzIntelligence Inc CareTrust REIT has 13 analyst reports. On Tuesday, March 6 KeyBanc Capital Markets maintained CareTrust REIT, Inc. (NASDAQ:CTRE) with “Overweight” rating. On Monday, March 26 the firm earned “Hold” rating by BMO Capital Markets. In Monday, March 5 report Cantor Fitzgerald initiated the stock with “Buy” rating. On Friday, October 27 the rating was maintained by KeyBanc Capital Markets with “Buy”. On Wednesday, February 28 the stock has “Hold” rating by Stifel Nicolaus. The stock rating was maintained by BMO Capital Markets with “Hold” on Thursday, November 9. On Tuesday, March 6 the stock has “Hold” rating by RBC Capital Markets. On Friday, January 12 Stephens maintained CareTrust REIT, Inc. (NASDAQ:CTRE) rating. Stephens has “Buy” rating and $19.0 target. The company rating was maintained by BMO Capital Markets on Tuesday, January 9. In Monday, March 5 report Stephens maintained the stock with “Buy” rating.

CareTrust REIT, Inc. (NASDAQ:CTRE) Analyst Ratings Chart

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