Could Jernigan Capital Inc (NYSE:JCAP) Change Direction After More Shorts?

Jernigan Capital, Inc. (NYSE:JCAP) Logo

The stock of Jernigan Capital Inc (NYSE:JCAP) registered an increase of 6.68% in short interest. JCAP’s total short interest was 761,400 shares in October as published by FINRA. Its up 6.68% from 713,700 shares, reported previously. With 128,900 shares average volume, it will take short sellers 6 days to cover their JCAP’s short positions.

The stock increased 0.27% or $0.05 during the last trading session, reaching $18.7. About 186,840 shares traded. Jernigan Capital, Inc. (NYSE:JCAP) has risen 9.67% since October 12, 2018 and is uptrending. It has outperformed by 9.67% the S&P500.

Jernigan Capital, Inc. is an equity real estate investment trust. The company has market cap of $415.83 million. The firm primarily engages in the investment and ownership of self storage facilities in United States. It has a 8.39 P/E ratio.

More notable recent Jernigan Capital, Inc. (NYSE:JCAP) news were published by: Seekingalpha.com which released: “Why Self-Storage REIT NSA’s $630 Million iStorage JV Is A Big Deal – Seeking Alpha” on September 15, 2016, also Seekingalpha.com with their article: “Jernigan Capital: This 7.00% Preferred Stock Started Trading On The NYSE – Seeking Alpha” published on February 01, 2018, Seekingalpha.com published: “Part I: How To Evaluate Preferred Stocks Like A Pro Starting With This Attractive 8% Yield – Seeking Alpha” on January 15, 2019. More interesting news about Jernigan Capital, Inc. (NYSE:JCAP) were released by: Seekingalpha.com and their article: “A Durable 7% Yield Preferred Stock From Jernigan Capital That Goes Ex-Dividend Soon – Seeking Alpha” published on March 15, 2019 as well as Globenewswire.com‘s news article titled: “WillScot Corporation Announces Appointment of New Director – GlobeNewswire” with publication date: April 10, 2019.

Jernigan Capital, Inc. (NYSE:JCAP) Ratings Chart

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