The average short interest for U.S. equity REITs increased by 4.5 percent in November, according to S&P Global Market Intelligence. This marks a rise of 26 basis points from the month prior.
The “other retail” sector, including single-tenant and outlet centers, recorded the highest average short interest rate of 6.6 percent, marking an increase of 77 basis points from October. The hotel sector saw the second-highest interest at 6.2 percent, though it declined by 16 basis points from October. Farmland followed with an average short interest rate of 5.6 percent, marking a 30 basis point decline from the previous month.
Data centers experienced the lowest short interest at 2.3 percent, though this was an increase of 62 basis points. The communications sector experienced a 2.5 percent rate, marking a 40 basis point increase.
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