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Short Interest in Realty Income Corporation (NYSE:O) Drops By 16.8%
Realty Income Corporation (NYSE:O) experienced a 16.8% decline in short interest, bringing the total to 24.68 million shares as of March 13th. The company also announced a monthly dividend increase to $0.2705 per share, representing an annualized yield of approximately 5.3%. Analysts hold a consensus “Hold” rating for Realty Income with a price target of $66.39 following its Q4 earnings report.