Short sellers targeting dividend-paying stocks, including SL Green Realty Corp.
From Yahoo Finance: 2025-04-30 16:03:00
Short sellers are profiting from market declines, making $159 billion in paper profits in just six trading sessions. The SPY ETF short position alone has racked up over $6.1 billion in gains. New short bets totaling $46 billion were added in April, raising the risk of intensifying market moves.
Short sellers are targeting dividend-paying stocks, with SL Green Realty Corp. (NYSE:SLG) among those being watched. SLG is the largest office landlord in Manhattan, with a 5.73% dividend yield as of April 28. Despite challenges in recent years, SLG reported a 15.2% revenue growth in Q1 2025 and a 3% dividend increase in December 2024.
SL Green Realty Corp. (NYSE:SLG) ranks 9th on the list of dividend stocks targeted by short sellers. While SLG shows promise, other undervalued dividend stocks may offer higher returns in a shorter time frame. Investors looking for opportunities beyond SLG can explore the report on dirt cheap dividend stocks.
Read more at Yahoo Finance: One of the Cheap Dividend Stocks Being Targeted by Short Sellers