Sila Realty Trust, Inc. (NYSE:SILA) Short Interest Update

Sila Realty Trust, Inc. (NYSE:SILA) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 2,960,000 shares, an increase of 56.6% from the November 15th total of 1,890,000 shares. Based on an average daily trading volume, of 677,600 shares, the days-to-cover ratio is currently 4.4 days. Currently, 7.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Sila Realty Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Axxcess Wealth Management LLC raised its stake in Sila Realty Trust by 7.0% in the third quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company’s stock valued at $308,000 after purchasing an additional 800 shares in the last quarter. Captrust Financial Advisors raised its stake in Sila Realty Trust by 4.7% in the third quarter. Captrust Financial Advisors now owns 19,083 shares of the company’s stock valued at $483,000 after purchasing an additional 852 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new position in shares of Sila Realty Trust during the second quarter worth approximately $26,000. GoalVest Advisory LLC purchased a new position in shares of Sila Realty Trust during the second quarter worth approximately $25,000. Finally, Global Financial Private Client LLC purchased a new position in shares of Sila Realty Trust during the second quarter worth approximately $26,000.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SILA. Janney Montgomery Scott began coverage on shares of Sila Realty Trust in a report on Thursday, October 3rd. They issued a “buy” rating and a $28.00 price target on the stock. Truist Financial began coverage on shares of Sila Realty Trust in a report on Monday, October 7th. They issued a “buy” rating and a $29.00 price target on the stock.

Sila Realty Trust Stock Up 1.0 %

Shares of SILA opened at $25.39 on Friday. The company has a 50 day moving average of $25.37. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. Sila Realty Trust has a 1-year low of $7.45 and a 1-year high of $26.75.

Sila Realty Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a $0.1333 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 6.30%. The ex-dividend date of this dividend was Friday, November 29th.

About Sila Realty Trust

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams.