A Reversal for Jbg Smith Propertieshares (NYSE:JBGS) Is Not Near. The Stock Has Rise in Shorts

The stock of Jbg Smith Propertieshares (NYSE:JBGS) registered an increase of 19.16% in short interest. JBGS’s total short interest was 1.83M shares in October as published by FINRA. Its up 19.16% from 1.53 million shares, reported previously. With 658,000 shares average volume, it will take short sellers 3 days to cover their JBGS’s short positions. The short interest to Jbg Smith Propertieshares’s float is 1.58%.

The stock increased 0.93% or $0.36 during the last trading session, reaching $39.2. About 284,164 shares traded. JBG SMITH Properties (NYSE:JBGS) has risen 11.11% since October 12, 2018 and is uptrending. It has outperformed by 11.11% the S&P500.

JBG SMITH Properties operates as a real estate firm in the United States. The company has market cap of $5.26 billion. The Company’s assets consist of office, multifamily, and retail properties located primarily in submarkets in the District of Columbia. It has a 119.15 P/E ratio. As of March 31, 2017, its operating portfolio consisted of 68 operating assets comprising 50 office assets, 14 multifamily assets, and 4 other assets.

More notable recent JBG SMITH Properties (NYSE:JBGS) news were published by: Seekingalpha.com which released: “JBG Smith gives stock awards tied to closing Amazon deals – Seeking Alpha” on February 27, 2019, also Bizjournals.com with their article: “These two JBG Smith maps show how HQ2 will change Crystal City – Washington Business Journal” published on April 04, 2019, Bizjournals.com published: “With Amazon coming, JBG Smith proposes 1,000-unit RiverHouse expansion – Washington – Washington Business Journal” on July 22, 2019. More interesting news about JBG SMITH Properties (NYSE:JBGS) were released by: Bizjournals.com and their article: “JBG Smith details Amazon National Landing deal – Washington – Washington Business Journal” published on December 13, 2018 as well as Bizjournals.com‘s news article titled: “Fox Architects leadership changes planned – Washington – Washington Business Journal” with publication date: September 24, 2019.

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