Essential Properties Realty Trust Inc (NYSE:EPRT) Has Increase in Shorts

The stock of Essential Properties Realty Trust Inc (NYSE:EPRT) registered an increase of 11.48% in short interest. EPRT’s total short interest was 1.35M shares in December as published by FINRA. Its up 11.48% from 1.21 million shares, reported previously. With 547,600 shares average volume, it will take short sellers 3 days to cover their EPRT’s short positions. The short interest to Essential Properties Realty Trust Inc’s float is 3.15%.

The stock increased 1.39% or $0.36 during the last trading session, reaching $26.17. About 851,142 shares traded. Essential Properties Realty Trust, Inc. (NYSE:EPRT) has risen 52.82% since December 4, 2018 and is uptrending. It has outperformed by 52.82% the S&P500.

Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company has market cap of $2.12 billion. The firm leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical services, convenience stores, entertainment, early childhood education, and health and fitness on a long-term basis. It has a 44.81 P/E ratio. As of March 31, 2018, it had a portfolio of 530 properties.

Essential Properties Realty Trust, Inc. (NYSE:EPRT) Ratings Coverage

Among 2 analysts covering Essential Properties Realty Trust (NYSE:EPRT), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Essential Properties Realty Trust has $2700 highest and $2000 lowest target. $23’s average target is -12.11% below currents $26.17 stock price. Essential Properties Realty Trust had 5 analyst reports since June 11, 2019 according to SRatingsIntel. Stifel Nicolaus maintained Essential Properties Realty Trust, Inc. (NYSE:EPRT) rating on Thursday, November 7. Stifel Nicolaus has “Buy” rating and $2700 target. The company was maintained on Monday, August 19 by Citigroup. The stock of Essential Properties Realty Trust, Inc. (NYSE:EPRT) has “Buy” rating given on Wednesday, September 25 by Stifel Nicolaus.

More notable recent Essential Properties Realty Trust, Inc. (NYSE:EPRT) news were published by: Finance.Yahoo.com which released: “What You Need To Know Before Investing In Essential Properties Realty Trust, Inc. (NYSE:EPRT) – Yahoo Finance” on June 10, 2019, also Seekingalpha.com with their article: “Triple Net Lease REITs: 2 Layers Of Recession Resistance – Seeking Alpha” published on November 27, 2019, 247Wallst.com published: “Goldman Sachs Stays Positive on Top Dividend REITs as Sector Boom Continues – 24/7 Wall St.” on August 21, 2019. More interesting news about Essential Properties Realty Trust, Inc. (NYSE:EPRT) were released by: Streetinsider.com and their article: “Mercury Systems (MRCY) Added to S&P MidCap 400; Essential Properties Realty Trust (EPRT) to SmallCap 600 – StreetInsider.com” published on October 02, 2019 as well as Seekingalpha.com‘s news article titled: “Ashford and MarketAxess Holdings among financial gainers, Conifer Holdings leads losers – Seeking Alpha” with publication date: October 03, 2019.