Power REIT
Market Cap
300K
Short interest (May 15)
1.0%
Net Short (Jun 03 ): -0.5%
Borrow Fee
13.80%
↓ 15.1%
Available Shares
6K
↓ 30.9%
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Company Overview
Power REIT is an internally-managed real estate investment trust that owns a portfolio of real estate assets related to transportation, energy infrastructure and Controlled Environment Agriculture in the United States. Its assets consisted of approximately 112 miles of railroad infrastructure and related real estate which is owned by its subsidiary, approximately 447 acres of fee simple land leased to a utility scale solar power generating project with an aggregate generating capacity of approximately 82 Megawatts and approximately 82 acres of land with approximately 357,000 square feet of CEA properties in the form of greenhouses. The company invested in greenhouses for state-licensed cannabis and food cultivation.
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