Extra Space Storage

EXR

Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units. As of December 31, 2019, the company owned and/or operated 1,817 locations in 40 states, Washington, D.C. and Puerto Rico, comprising approximately 140 million square feet of net rentable space in 1.3 million storage units. It is the 2nd largest owner of self storage units in the United States and the largest self storage property manager.The company has solar installations at many of its properties and was listed on the "Top 25 Corporate Users by Number of Solar Installations" by the Solar Energy Industries Association.

Extra Space Storage has been a target of short sellers for a while. The current short interest of 2.12% is roughly at the average of the last 12 months (2.28%).