Has The Worst Mall REIT In 2017 Finally Hit Bottom?

Founded in 1960 as Pennsylvania Real Estate Investment Trust, the company merged with the Rubin Organization in 1997. In 2003, the company changed its strategic focus from a diversified model into a retail-focused platform and renamed the company PREIT.


A short squeeze is generally triggered by a positive development that suggests the stock may be embarking on a reversal.