Investors Are Betting Big Against Tanger Factory Outlet Centers -- Why They're Wrong

Tanger Factory Outlet Centers (NYSE: SKT) has performed quite poorly lately. After a 7% drop following its first-quarter earnings release, the stock has now underperformed the S&P 500 by a staggering 69 percentage points over the past two years.Apparently, investors don't think the worst is over just yet, as more than 22.5 million shares of the retail real estate investment trust are currently sold short, representing 24.4% of the company's outstanding shares.

Topics:  tanger factory outlet centers nyse   skt    s&p   tanger   images   tanger    investors   shares   stock   
BING NEWS:
  • Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Q1 2024 Earnings Call Transcript
    Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Q1 2024 Earnings Call Transcript May 1, 2024 Tanger Factory Outlet Centers, Inc. isn't one of the 30 most popular stocks among hedge funds at the end of ...
    05/3/2024 - 11:02 am | View Link
  • Tanger Reports Healthy Q1 and Growth With Victoria's Secret, Warby Parker, Ulta, Others
    The Greensboro, N.C.-based operator of 39 outlet centers and one lifestyle center is leasing to a greater variety of tenants, including full-price brands.
    05/1/2024 - 9:11 am | View Link
  • Here's what to expect from Tanger Factory Outlet Centers's earnings
    Wall Street analysts expect Tanger Factory Outlet Centers will be reporting earnings per share of $0.192. On April 30, Tanger Factory Outlet Centers will be reporting earnings from the last quarter. 4 ...
    04/29/2024 - 4:00 am | View Link
  • Tanger Outlets Lancaster welcomes new business
    Cole Haan has opened at Tanger Outlets Lancaster.  The addition allows Tanger Outlets to increase its footwear options.  “We’re excited to welcome another ...
    04/25/2024 - 5:10 am | View Link
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