Macerich Co. (MAC) has something relatively rare for a stock with this much short interest, that being insiders taking the other side of the trade. Looking back over the trailing six month period, MAC has seen 2 different instances of insider buying, as summarized by the table below:
|08/13/2013||Fred S. Hubbell||Director||1,500||$60.39||$90,585.00|
|08/15/2013||Robert D. Perlmutter||EVP, Leasing||1,000||$58.53||$58,535.00|
Below is a chart showing the "days to cover" for MAC over time:
And looking at the chart below, MAC's low point in its 52 week range is $55.13 per share, with $72.19 as the 52 week high point — that compares with a last trade of $59.09. In recent trading, shares of Macerich Co. (MAC) were changing hands at $59.09/share.