Is Infrareit Incorporated (NYSE:HIFR) a Buy? The Stock Reported more Sellers

January 20, 2018 - By marketbeat

 Is Infrareit Incorporated (NYSE:HIFR) a Buy? The Stock Reported more Sellers

The stock of Infrareit Incorporated (NYSE:HIFR) registered an increase of 41.47% in short interest. HIFR’s total short interest was 329,200 shares in January as published by FINRA. Its up 41.47% from 232,700 shares, reported previously. With 101,500 shares average volume, it will take short sellers 3 days to cover their HIFR’s short positions.

The stock increased 1.11% or $0.21 during the last trading session, reaching $19.07. About 156,906 shares traded. InfraREIT, Inc. (NYSE:REIT) has 0.00% since January 20, 2017 and is . It has underperformed by 16.70% the S&P500.

InfraREIT, Inc. is a real estate investment trust externally managed by Hunt Utility Services. The company has market cap of $1.16 billion. The firm invests in the real estate markets of the United States. It has a 16.6 P/E ratio. It owns rate regulated electricity delivery infrastructure assets in Texas.

InfraREIT, Inc. (NYSE:REIT) Ratings Coverage

Among 5 analysts covering Dow Jones Equity All REIT Total Return Index REIT (NYSE:REIT), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Dow Jones Equity All REIT Total Return Index REIT had 5 analyst reports since March 23, 2017 according to SRatingsIntel. The rating was upgraded by Guggenheim to “Buy” on Wednesday, April 12.

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