Cedar Realty Trust, Inc. (NYSE:CDR), experienced a rise of 192,248 shares or 8.6 percent was perceived in the short interest of Cedar Realty Trust Inc.
Cedar Realty Trust, Inc. (CDR) Abraham Eisenstat purchases additional shares. It's an investment and a big move for the company as they buy and increase their shares. According to a recent report by WKRB 13, "Director Abraham Eisenstat purchased 10,000 shares of the company's stock in a transaction on Monday, August 24th." The stock was take on board at a typical rate of $6.47 per share, for a full transaction of $64,700.00. After the acquisition, the director now unswervingly owns 13,694 shares of the company's stock, appreciated at approximately $88,600.18.
The shares of the company has been stabilizing. Cedar Realty Trust, Inc. (NYSE:CDR), experienced a rise of 192,248 shares or 8.6 percent was perceived in the short interest of Cedar Realty Trust Inc. Even as the interest increased from 2,223,877 shares on July 31, 2015 to 2,416,125 shares on August 14, 2015, the days to cover came in at 9 as stated in a report by American Trade Journal. Further data provided by American Trade Journal, shows that the updated interest stood at 3 percent of the stocks floats while the shares have an average daily volume of 281,964 shares.
The business shares have dropped 3.72 percent. The shares recorded one year high of $8.36 and one year low was seen on August 7, 2015 at $5.75. The 50-day poignant average is $6.78 and the 200 day moving average is recorded at $7.04. S&P 500 has rallied 5.34 percent during the last 52-weeks as stated in a report by American Trade Journal. It is both an up and low for the company since Cedar Realty Trust, Inc. (NYSE:CDR) observed a weakening in the market cap on Tuesday as its shares dropped 3.22 percent or 0.2 points. After the conference commenced at $6.38, the stock stretched the upper end at $6.39 while it flop a low of $6.01.
