Why Medical Properties Trust jumped 17% on Monday
MPWMedical Properties Trust(MPW) Invezz·2024-05-14 17:02

Medical Properties Trust Inc (NYSE:MPW) experienced a remarkable surge of close to 17% on Monday, catching the attention of investors and analysts alike. This surge can be primarily attributed to short covering, as MPW is one of the most shorted stocks on the NYSE, with approximately 38% of its float being short. The rally on Monday was part of a broader trend observed in heavily shorted stocks. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Despite ...