Blackstone Mortgage Trust Inc (NYSE:BXMT) Short Interest Increased By 4.6%

May 17, 2018 - By Duane Lopez

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Logo

Investors sentiment increased to 1.69 in 2017 Q4. Its up 0.38, from 1.31 in 2017Q3. It is positive, as 13 investors sold Blackstone Mortgage Trust, Inc. shares while 55 reduced holdings. 36 funds opened positions while 79 raised stakes. 62.63 million shares or 13.49% more from 55.19 million shares in 2017Q3 were reported.
15,250 are held by Wasatch Inc. The Pennsylvania-based Glenmede Na has invested 0% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Moreover, Punch And Associate Invest Incorporated has 0.59% invested in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Van Eck invested in 0.04% or 225,799 shares. Price stated it has 106,131 shares. 2.54 million are owned by Morgan Stanley. Baldwin Brothers Incorporated Ma holds 0% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) for 1,000 shares. Segall Bryant & Hamill Ltd Liability Com holds 0.03% or 48,860 shares. First L P, a Illinois-based fund reported 193,046 shares. Manufacturers Life Insurance Co The accumulated 4,703 shares or 0% of the stock. Moreover, Mai Mgmt has 0.02% invested in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Mraz Amerine Assoc has invested 0.13% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Sei Investments accumulated 0.01% or 47,672 shares. Pecaut And invested in 7,775 shares. Advantus Cap Mgmt has invested 0.07% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT).

Since February 28, 2018, it had 0 insider buys, and 6 insider sales for $60,339 activity. The insider Armer Douglas N. sold $20,609. Another trade for 132 shares valued at $4,136 was made by Ruffing Thomas C on Tuesday, May 8.

The stock of Blackstone Mortgage Trust Inc (NYSE:BXMT) registered an increase of 4.6% in short interest. BXMT’s total short interest was 8.05M shares in May as published by FINRA. Its up 4.6% from 7.69 million shares, reported previously. With 784,900 shares average volume, it will take short sellers 10 days to cover their BXMT’s short positions. The short interest to Blackstone Mortgage Trust Inc’s float is 8.58%.

The stock decreased 0.06% or $0.02 during the last trading session, reaching $31.3. About 681,241 shares traded. Blackstone Mortgage Trust, Inc. (NYSE:BXMT) has risen 2.42% since May 17, 2017 and is uptrending. It has underperformed by 9.13% the S&P500.

Blackstone Mortgage Trust, Inc., a real estate finance company, originates and purchases senior loans collateralized by properties in North America and Europe. The company has market cap of $3.39 billion. The firm qualifies as a real estate investment trust for federal income tax purposes. It has a 13.8 P/E ratio. It generally would not be subject to U.S. federal income taxes if it distributes at least 90% of its taxable income to its stockholders.

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Ratings Coverage

Among 5 analysts covering Blackstone Mortgage (NYSE:BXMT), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Blackstone Mortgage had 6 analyst reports since December 1, 2017 according to SRatingsIntel. The rating was reinitiated by Wells Fargo on Wednesday, December 6 with “Outperform”. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 7. FBR Capital maintained the shares of BXMT in report on Friday, December 1 with “Buy” rating. FBR Capital maintained the stock with “Buy” rating in Thursday, February 15 report. The rating was downgraded by J.P. Morgan on Tuesday, February 6 to “Hold”.

More news for Blackstone Mortgage Trust, Inc. (NYSE:BXMT) were recently published by: Seekingalpha.com, which released: “A Commercial Mortgage REIT That Helps Me ‘Sleep Well At Night'” on April 23, 2018. Gurufocus.com‘s article titled: “The Top 5 Buys of Scott Black” and published on May 15, 2018 is yet another important article.

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Ratings Chart

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