Seven Hills Realty Trust (NASDAQ:SEVN) Short Interest Update

Seven Hills Realty Trust (NASDAQ:SEVN) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 117,800 shares, a decline of 15.3% from the February 13th total of 139,100 shares. Based on an average daily volume of 53,200 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.8% of the shares of the company are sold short.

Institutional Trading of Seven Hills Realty Trust

Several institutional investors have recently modified their holdings of the company. Scotia Capital Inc. acquired a new stake in Seven Hills Realty Trust during the fourth quarter worth $794,000. Riverbridge Partners LLC acquired a new stake in shares of Seven Hills Realty Trust during the 4th quarter valued at about $691,000. State Street Corp boosted its position in shares of Seven Hills Realty Trust by 21.6% during the 3rd quarter. State Street Corp now owns 182,609 shares of the company’s stock valued at $2,515,000 after acquiring an additional 32,440 shares in the last quarter. Bailard Inc. increased its stake in Seven Hills Realty Trust by 65.3% in the fourth quarter. Bailard Inc. now owns 58,500 shares of the company’s stock valued at $765,000 after acquiring an additional 23,100 shares during the period. Finally, Lido Advisors LLC raised its position in Seven Hills Realty Trust by 26.2% in the fourth quarter. Lido Advisors LLC now owns 110,887 shares of the company’s stock worth $1,450,000 after purchasing an additional 22,992 shares in the last quarter.

Seven Hills Realty Trust Trading Down 0.9 %

Shares of SEVN opened at $12.74 on Thursday. Seven Hills Realty Trust has a one year low of $11.83 and a one year high of $14.66. The company’s fifty day moving average price is $12.94 and its 200 day moving average price is $13.24.

Seven Hills Realty Trust (NASDAQ:SEVN) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.02). The firm had revenue of $7.68 million for the quarter, compared to analyst estimates of $8.29 million.

Seven Hills Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Monday, January 27th were given a $0.35 dividend. The ex-dividend date was Monday, January 27th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 10.99%. Seven Hills Realty Trust’s dividend payout ratio is currently 71.98%.

About Seven Hills Realty Trust

Seven Hills Realty Trust, a real estate investment trust, focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders.