What’s Propelling Alexanders Inc (NYSE:ALX) After Higher Shorts Reported?

April 17, 2018 - By Rodney Autry

Alexander's, Inc. (NYSE:ALX) Logo

Investors sentiment decreased to 1.39 in 2017 Q4. Its down 0.42, from 1.81 in 2017Q3. It dropped, as 6 investors sold Alexander's, Inc. shares while 27 reduced holdings. 16 funds opened positions while 30 raised stakes. 1.80 million shares or 0.80% less from 1.82 million shares in 2017Q3 were reported.
Barclays Public Limited Liability Com invested in 0% or 338 shares. Eii Mgmt stated it has 0.03% of its portfolio in Alexander's, Inc. (NYSE:ALX). Blackrock invested 0% in Alexander's, Inc. (NYSE:ALX). Delta Asset Mgmt Ltd Liability Corp Tn holds 0% or 40 shares in its portfolio. Zebra Cap Limited Liability Company reported 1,054 shares stake. Principal Finance Group stated it has 1,318 shares. Metropolitan Life Insurance Co holds 0% of its portfolio in Alexander's, Inc. (NYSE:ALX) for 911 shares. Ameritas Invest Partners has invested 0% in Alexander's, Inc. (NYSE:ALX). Sumitomo Mitsui reported 3,516 shares stake. Wells Fargo Mn has 3,321 shares for 0% of their portfolio. Credit Suisse Ag holds 6,506 shares or 0% of its portfolio. Invesco Ltd invested in 0% or 1,674 shares. Bank & Trust Of New York Mellon Corporation holds 0% or 24,571 shares. Bamco Inc Ny holds 211,962 shares or 0.39% of its portfolio. Fuller & Thaler Asset Mgmt accumulated 100 shares.

The stock of Alexanders Inc (NYSE:ALX) registered an increase of 2.23% in short interest. ALX’s total short interest was 36,700 shares in April as published by FINRA. Its up 2.23% from 35,900 shares, reported previously. With 11,400 shares average volume, it will take short sellers 3 days to cover their ALX’s short positions. The short interest to Alexanders Inc’s float is 1.74%.

The stock increased 1.22% or $4.78 during the last trading session, reaching $397.38. About 14,985 shares traded or 46.62% up from the average. Alexander's, Inc. (NYSE:ALX) has declined 11.31% since April 17, 2017 and is downtrending. It has underperformed by 22.86% the S&P500.

AlexanderÂ’s, Inc., a real estate investment trust , engages in leasing, managing, developing, and redeveloping properties in the greater New York City metropolitan area. The company has market cap of $2.03 billion. The companyÂ’s properties include office and retail spaces, and shopping centers. It has a 25.25 P/E ratio. It owns seven properties comprising operating properties and a property to be developed.

Alexander's, Inc. (NYSE:ALX) Institutional Positions Chart

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