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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.
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El interés corto en ILPT cayó 11,7% el mes pasado, mientras que B. Riley actualizó las acciones a una "compra".