Short Interest in Rithm Property Trust Inc. (NYSE:RPT) Drops By 33.7%

Short interest in Rithm Property Trust Inc. (NYSE:RPT) significantly decreased by 33.7% in August, falling to 181,074 shares as of August 14th. This reduction brings the days-to-cover ratio to 2.6 days and means 2.3% of the company's shares are now sold short. The company recently reported better-than-expected quarterly earnings and pays an annualized dividend yield of 11.5%.