Lodging REIT Pebblebrook Hotels (PEB) has released a new investor presentation.
The company has 4 outstanding preferred stock issues all of which have been big losers in the last 2 weeks including drops between 2 and 5% just today. PEB is one of the strongest lodging REITs in existence, but like all lodging companies it is going to be a long road back to normalcy.
The presentation can be seen here.
Holding mine small position of PEB.
What’s the short interest?
LOL, I can’t stop laughing af. I sold my TR way too soon based on mixed signals. PEB also one of the REIT’s where the insiders were buying the pfd’s down around the 20’s which to me is always a good sign.