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Bullboard - Stock Discussion Forum InterRent Real Estate Investment Trust T.IIP.UN

Alternate Symbol(s):  IIPZF

InterRent Real Estate Investment Trust is a real estate investment trust. It is engaged in acquisition, ownership, management and repositioning of strategically located, income-producing, multi-residential properties. Its primary objectives are to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties;... see more

TSX:IIP.UN - Post Discussion

InterRent Real Estate Investment Trust > Potential for Short Squeeze?
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Post by Str8Shuter on May 03, 2021 12:48pm

Potential for Short Squeeze?

I may not be an expert, but the TA looks pretty good for IIP right now, especially when noting the huge short position as of 5/1/21, at 32.76%.  The SP for this REIT should really "pop" if the 1Q2021 report is positive when released on 5/11/21, IMHO.

IIROC Short Sale Trading Stats: https://www.iiroc.ca/news/Pages/Short-Sale.aspx

GLTA!
Comment by Str8Shuter on May 03, 2021 12:51pm
Correction: I probably should have said "short activity", rather than "short position", since they could be markedly different.   :-)  Nevertheless, I think that where there is smoke there is often fire or the potential for it.
Comment by Str8Shuter on May 18, 2021 11:52am
Holy smokes.  Short sellers continue to be quite active on InterRent, for some reason.  The short activity as of 5/15/21 was reportedly 43.9%.  I would think that a short squeeze is inevitable at some point, so this seems like a pretty good time to take a long position if one hasn't already done so.  Any thoughts on that?