Short Interest in Equity Residential (NYSE:EQR) Grows By 20.8%

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Short interest in Equity Residential (NYSE:EQR) increased by 20.8% in February, reaching 10.1 million shares, which represents 2.7% of the company’s shares and a short-interest ratio of 3.8 days. Despite this, institutional ownership stands at 92.68%, and analysts maintain a consensus “Hold” rating with a target price of $69.63. Recent insider selling has also occurred, with the COO and EVP divesting shares in February.

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