Is Buying Jbg Smith Propertieshares (NYSE:JBGS), Having Higher Short Interest a Winning Strategy?

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 October as published by FINRA. Its up 19.16% from 1.53M 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: “With Amazon coming, JBG Smith proposes 1,000-unit RiverHouse expansion – Washington – Washington Business Journal” published on July 22, 2019, Fool.com published: “Pre-Market Movers: J.B. Hunt’s Earnings and JBG SMITH’s Equity Raise – Motley Fool” on April 16, 2019. More interesting news about JBG SMITH Properties (NYSE:JBGS) were released by: Bizjournals.com and their article: “Vornado’s Steven Roth on Amazon HQ2 in New York and Crystal City – Washington – Washington Business Journal” published on February 13, 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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