Investors Are Betting Big Against Seritage Growth Properties -- Here's Why They're Not Wrong

It may be guilt by association, but investors are betting big that real estate investment trust (REIT) Seritage Growth Properties (NYSE: SRG) is set to fall. It has one of the largest short positions as a percentage of a stock's float of any company on the NYSE and one of the highest days to cover.

For a stock that's already fallen 15% this year and is down nearly 20% over the last 12 months, that's an awful lot of investors thinking it may fall further. But that may have more to do with the poor prospects of Sears Holdings (NASDAQ: SHLD), with which it is inextricably linked.

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Source: Fool.com