What Will Happen to Exantas Capital Corp (NYSE:XAN) Next? The Stock Has Increase in Shorts

The stock of Exantas Capital Corp (NYSE:XAN) registered an increase of 10.81% in short interest. XAN’s total short interest was 951,000 shares in July as published by FINRA. Its up 10.81% from 858,200 shares, reported previously. With 127,600 shares average volume, it will take short sellers 8 days to cover their XAN’s short positions. The short interest to Exantas Capital Corp’s float is 3.14%.

The stock increased 0.44% or $0.05 during the last trading session, reaching $11.52. About 97,689 shares traded. Exantas Capital Corp. (NYSE:XAN) has risen 14.58% since July 14, 2018 and is uptrending. It has outperformed by 10.15% the S&P500.

Exantas Capital Corp., a real estate investment trust, primarily focuses on the origination, holding, and management of commercial mortgage loans and commercial real estate-related debt investments in the United States. The company has market cap of $367.06 million. It invests in commercial real estate-related assets, such as first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine debt, and commercial mortgage-backed securities. It has a 14.42 P/E ratio. The firm is also involved in the investment of commercial finance assets, including asset-backed securities, debt tranches of collateralized debt and loan obligations, structured note investments, syndicated corporate loans, and preferred equity investment in a commercial leasing enterprise.

More notable recent Exantas Capital Corp. (NYSE:XAN) news were published by: Seekingalpha.com which released: “A Huge Upgrade To Resource Capital Corporation – Seeking Alpha” on November 15, 2016, also Seekingalpha.com with their article: “8.5% Yield Close To A Buy From XAN, Formerly Known As RSO – Seeking Alpha” published on October 08, 2018, Globenewswire.com published: “Recent Analysis Shows Resolute Forest Products, American Campus Communities, Universal Stainless & Alloy Products, Exantas Capital, MercadoLibre, and Cohbar Market Influences — Renewed Outlook, Key Drivers of Growth – GlobeNewswire” on April 09, 2019. More interesting news about Exantas Capital Corp. (NYSE:XAN) were released by: Prnewswire.com and their article: “Exantas Capital Corp. Announces Acquisition of a $197 Million Portfolio of Floating-Rate Commercial Real Estate Mortgage Loans from C-III Commercial Mortgage – PRNewswire” published on May 29, 2019 as well as Seekingalpha.com‘s news article titled: “Mispriced 8.5% REIT Preferred Bargain With Special Interest Rate Protection, Ex-Dividend Soon, From Exantas – Seeking Alpha” with publication date: March 26, 2019.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.