Could Jbg Smith Propertieshares (NYSE:JBGS) See a Reversal After More Sellers Came In?

The stock of Jbg Smith Propertieshares (NYSE:JBGS) registered an increase of 19.16% in short interest. JBGS’s total short interest was 1.83 million shares in September 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 decreased 1.12% or $0.44 during the last trading session, reaching $38.78. About 615,256 shares traded or 24.75% up from the average. JBG SMITH Properties (NYSE:JBGS) has risen 11.11% since September 13, 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 $5.20 billion. The Company’s assets consist of office, multifamily, and retail properties located primarily in submarkets in the District of Columbia. It has a 117.87 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: Bizjournals.com which released: “Pebblebrook to move HQ to high-profile Bethesda Ave. property – Washington Business Journal” on March 06, 2019, also Bizjournals.com with their article: “Spain’s Ponte Gadea, in deal brokered by Cushman, buys DC building from Blackstone – Washington – Washington Business Journal” published on August 29, 2019, Seekingalpha.com published: “JBG Smith signs Amazon to three leases, two purchase-sale pacts – Seeking Alpha” on April 03, 2019. More interesting news about JBG SMITH Properties (NYSE:JBGS) were released by: Finance.Yahoo.com and their article: “Do These 3 Checks Before Buying JBG SMITH Properties (NYSE:JBGS) For Its Upcoming Dividend – Yahoo Finance” published on August 07, 2019 as well as Bizjournals.com‘s news article titled: “Trader Joe’s sets opening date for Glover Park store – Washington Business Journal” with publication date: July 12, 2019.

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