InvenTrust Properties Corp. (NYSE:IVT) Short Interest Down 13.2% in March

InvenTrust Properties Corp. (NYSE:IVT - Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,510,000 shares, a decrease of 13.2% from the March 15th total of 1,740,000 shares. Approximately 2.2% of the shares of the company are sold short. Based on an average trading volume of 340,600 shares, the short-interest ratio is presently 4.4 days.

Institutional Trading of InvenTrust Properties

Several institutional investors and hedge funds have recently added to or reduced their stakes in IVT. JPMorgan Chase & Co. acquired a new stake in shares of InvenTrust Properties in the 1st quarter worth approximately $3,915,000. Raymond James & Associates acquired a new stake in shares of InvenTrust Properties in the 1st quarter worth approximately $274,000. Bank of New York Mellon Corp acquired a new stake in shares of InvenTrust Properties in the 1st quarter worth approximately $1,310,000. US Bancorp DE acquired a new stake in shares of InvenTrust Properties in the 1st quarter worth approximately $48,000. Finally, Private Advisor Group LLC acquired a new stake in shares of InvenTrust Properties in the 1st quarter worth approximately $271,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

InvenTrust Properties Stock Performance

IVT traded up $0.25 on Friday, hitting $24.30. 233,829 shares of the company traded hands, compared to its average volume of 379,864. The company has a 50 day moving average of $25.02 and a 200-day moving average of $25.01. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $1.65 billion, a PE ratio of 303.79, a PEG ratio of 4.12 and a beta of 1.04. InvenTrust Properties has a 12-month low of $20.76 and a 12-month high of $27.25.

InvenTrust Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Sunday, March 31st will be paid a dividend of $0.226 per share. The ex-dividend date is Wednesday, March 27th. This is an increase from InvenTrust Properties's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a yield of 3.72%. InvenTrust Properties's dividend payout ratio is currently 1,125.14%.

InvenTrust Properties Company Profile

InvenTrust Properties Corp. (the "Company," "IVT," or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component.