CBL & Associates Properties

CBL

CBL Properties (previously CBL & Associates, Inc., then CBL & Associates Properties, Inc.) is an American real estate investment trust that invests in shopping centers and owns shopping malls, primarily in the Southeastern and Midwestern United States. The company is organized in Delaware with its headquarters in Chattanooga, Tennessee. The company's largest tenants are L Brands (4.25% of revenue), Signet Jewelers (2.87% of revenue), and Foot Locker (2.78% of revenue).The company's name is based on the initials of its founder, Charles B. Lebovitz.

CBL & Associates Properties has been a target of short sellers for a while. The current short interest of 3.37% is roughly at the average of the last 12 months (3.08%).