5 Underperforming Stocks Targeted By Short Sellers

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1. Seritage Growth Properties Class A (NYSE: SRG)

Short % of Float (As of Jan. 14):   59.85%

Short % of Shares Outstanding:    23.04%

Seritage Growth shares are down 52% over the last 12 months. The company is a self-administered REIT with 183 wholly-owned properties and 28 JVs, totaling to about 28.5 million square feet of space across 45 states in the U.S. and Puerto Rico. In November 2020, the company appointed Amanda Lombard as chief financial officer, replacing the outgoing CFO Brian Dickman. In December, the company said its CEO Benjamin W. Schall is resigning from his role.

The stock is down 52% over the last 12 months.

Please also see 10 Cheap Stocks Billionaire Lee Cooperman Is Buying and 10 Extreme Dividend Stocks With Huge Upside.

Disclosure: None.

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