Is Independence Realty Trust Inc (NYSE:IRT)’s Fuel Running Low? Reports Show More Sellers

Investors sentiment increased to 1.38 in 2019 Q2. Its up 0.03, from 1.35 in 2019Q1. It increased, as 12 investors sold Independence Realty Trust, Inc. shares while 43 reduced holdings. 17 funds opened positions while 59 raised stakes. 76.93 million shares or 2.10% more from 75.35 million shares in 2019Q1 were reported.
Dimensional Fund Advsrs Limited Partnership holds 1.33 million shares. Ancora Advisors Ltd reported 51,722 shares. Lpl Finance Lc invested 0% of its portfolio in Independence Realty Trust, Inc. (NYSE:IRT). Wellington Mgmt Gru Llp has invested 0% in Independence Realty Trust, Inc. (NYSE:IRT). Glenmede Na holds 0% or 323 shares in its portfolio. Art Advsrs Limited Liability reported 19,143 shares or 0.01% of all its holdings. Mutual Of America Capital Mngmt Limited Liability Co accumulated 0% or 3,227 shares. Group One Trading L P holds 0% or 100 shares in its portfolio. Pnc Fin Svcs Grp reported 0% of its portfolio in Independence Realty Trust, Inc. (NYSE:IRT). 215,022 are owned by Credit Suisse Ag. Rhumbline Advisers holds 0.01% or 282,197 shares in its portfolio. Nuveen Asset Management Ltd Liability Com reported 1.15 million shares. Wells Fargo Mn owns 1.04 million shares or 0% of their US portfolio. Oppenheimer Asset Management Incorporated holds 0% or 2,079 shares in its portfolio. Mirae Asset Glob Investments Ltd has invested 0.06% in Independence Realty Trust, Inc. (NYSE:IRT).

The stock of Independence Realty Trust Inc (NYSE:IRT) registered an increase of 48.19% in short interest. IRT’s total short interest was 2.49M shares in September as published by FINRA. Its up 48.19% from 1.68 million shares, reported previously. With 373,000 shares average volume, it will take short sellers 7 days to cover their IRT’s short positions.

The stock decreased 0.82% or $0.11 during the last trading session, reaching $13.93. About 271,514 shares traded. Independence Realty Trust, Inc. (NYSE:IRT) has risen 23.01% since September 13, 2018 and is uptrending. It has outperformed by 23.01% the S&P500.

Independence Realty Trust is a real estate investment trust that owns and operates 55 multifamily apartment properties, totaling 15,045 units, across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. The company has market cap of $1.26 billion. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. It has a 34.13 P/E ratio.

More notable recent Independence Realty Trust, Inc. (NYSE:IRT) news were published by: Finance.Yahoo.com which released: “Read This Before Buying Independence Realty Trust, Inc. (NYSE:IRT) Shares – Yahoo Finance” on August 21, 2019, also Seekingalpha.com with their article: “Become A ‘Passive’ Dividend Investor, 7.1% Yield With This REIT For The Long Run – Seeking Alpha” published on October 08, 2018, Seekingalpha.com published: “Independence Realty Trust: The Top Bargain In Multifamily – Seeking Alpha” on October 24, 2018. More interesting news about Independence Realty Trust, Inc. (NYSE:IRT) were released by: Seekingalpha.com and their article: “Independence Realty Trust: The Dividend Is Not Going To Grow And May Even Be Cut Soon – Seeking Alpha” published on May 09, 2019 as well as Seekingalpha.com‘s news article titled: “Independence Realty Trust, Inc. 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” with publication date: May 06, 2019.

Independence Realty Trust, Inc. (NYSE:IRT) Institutional Positions Chart

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