NLOP sees short interest drop 44.7%, reducing shorted shares to 1.14M, amid a "buy" rating.

Net Lease Office Properties (NLOP) saw a 44.7% drop in short interest in January, reducing the number of shorted shares to 1,140,000 from 2,060,000 in December. The company, a real estate investment trust, owns 59 office properties totaling 8.7 million square feet. Despite a negative net margin and return on equity, BWS Financial has reaffirmed a "buy" rating with a $46.00 target price.

1 month ago
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