Short interest in S&P 500 real estate stocks fell slightly to 1.95% at August-end from 1.96% in the prior month.
Industry Analysis:
Hotel & Resort REITs continued to be at top for being the most shorted industry within the real estate sector, with 5.9% short interest as of August end, up from 4.97% as of the end of July.
Office REITs were the second most shorted industry within the sector, with 2.52% short interest as of end-August, down from 3.16% in July.
Retail REITs, came in at third, with short interest at 1.88% at August end, down from 2.06% as of June’s end.
Short interest, which could be an indicator of pessimism, calculates the number of shares sold against the company float. (Short Interest % = Number of Shares Sold Short ÷ Stock Float)
Most shorted stocks:
Least shorted stocks: