Short interest in ILPT fell 11.7% last month, while B. Riley upgraded the stock to a "buy."

Industrial Logistics Properties Trust (ILPT) saw short interest fall by 11.7% in October, with 1,590,000 shares shorted, representing 2.8% of its total stock. The company's shares have a days-to-cover ratio of 4.2 days. B. Riley recently raised its target price on ILPT from $9.00 to $10.00 and gave a "buy" rating. The REIT owns 411 properties totaling about 60 million square feet across 39 states.

November 19, 2024
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