SRG trade ideas
SRG - Long (Short Squeeze)REIT, Starts its way up down from March bottom supported by an ascending tunnel.
Inst own - 88%
Short float - 38%, 33M shares float, short ratio - 19
All the mention above could increase our trading idea.
In the last trading day - we can see a unusual high volume, which could make the short traders close their positions by buying the stock to cover.
*We have not yet a confirmation to enter the trade!*
Goodluck!
Seritage Growth Properties on Breakout Watchlist Seritage Growth Properties is a real estate investment trust. The company engages in the acquisition, ownership, development, redevelopment, management and leasing of retail properties throughout the United States. Its property portfolio includes mall, shopping centers, and freestanding locations. The company was founded on June 3, 2015 and is headquartered in New York, NY.