Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

RE:Short sales

[EstevanOutsider]

short interest fell every reporting period for 3-months and meaningful. the short borrow rate remained very cheap relative to other names which shows the perceived risk was pretty low if one expected a cut. i really think it's material weakness to the sector (sentiment driven) plus the other reit - dream - which cut and shook up the space further. then u had melcor which is a total dumpster fire of assets last week. so all in all, i see no evidence from the short end a cut was coming today.. i'd expect a much higher jump in shorts and higher borrowing costs.