Stratus Properties Inc (NASDAQ:STRS) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 132,000 shares, a growth of 9.2% from the May 30th total of 120,900 shares. Based on an average daily trading volume, of 6,600 shares, the short-interest ratio is presently 20.0 days. Approximately 1.8% of the shares of the company are short sold.

STRS has been the topic of a number of recent research reports. ValuEngine cut Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. TheStreet cut WESCO International from a “b-” rating to a “c+” rating in a report on Friday, May 24th. Finally, BidaskClub raised Zillow Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 2nd.

A number of institutional investors and hedge funds have recently modified their holdings of STRS. BNP Paribas Arbitrage SA raised its holdings in shares of Stratus Properties by 500.5% in the 1st quarter. BNP Paribas Arbitrage SA now owns 1,225 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 1,021 shares in the last quarter. Rhumbline Advisers purchased a new stake in shares of Stratus Properties in the 1st quarter valued at about $218,000. Bank of America Corp DE raised its holdings in shares of Stratus Properties by 17.0% in the 4th quarter. Bank of America Corp DE now owns 10,904 shares of the financial services provider’s stock valued at $262,000 after acquiring an additional 1,587 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Stratus Properties in the 1st quarter valued at about $273,000. Finally, Geode Capital Management LLC raised its holdings in shares of Stratus Properties by 6.2% in the 4th quarter. Geode Capital Management LLC now owns 51,113 shares of the financial services provider’s stock valued at $1,225,000 after acquiring an additional 2,969 shares in the last quarter. 56.15% of the stock is currently owned by institutional investors and hedge funds.

Shares of STRS opened at $28.30 on Tuesday. The business’s 50-day moving average is $28.22. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.09 and a current ratio of 1.09. Stratus Properties has a 52-week low of $22.01 and a 52-week high of $33.95.

Stratus Properties (NASDAQ:STRS) last issued its quarterly earnings data on Friday, May 10th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $19.70 million for the quarter. Stratus Properties had a negative return on equity of 0.89% and a negative net margin of 1.40%.

Stratus Properties Company Profile

Stratus Properties Inc, a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, hotel, entertainment, and multi-and single-family residential real estate properties primarily in Austin, Texas. The company operates through four segments: Real Estate Operations, Leasing Operations, Hotel, and Entertainment.

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