Tanger Factory Outlet Centers

SKT

Tanger Factory Outlet Centers, Inc. ( TANG-ər) is a real estate investment trust headquartered in Greensboro, North Carolina that invests in shopping centers containing outlet stores. As of December 31, 2019, the company owned 32 shopping centers comprising 12.0 million square feet and over 2,400 stores.The company's largest tenants are Gap, Ascena Retail Group, Nike, Inc., PVH, H&M, Ralph Lauren Corporation, and VF Corporation.Notable properties owned by the company include Tanger Outlets The Walk, Tanger Outlets Southaven (Memphis), Tanger Outlets Pittsburgh Tanger Outlets Foxwoods, Tanger Outlets Ottawa and Tangier Outlets Columbus.

Tanger Factory Outlet Centers has been a target of short sellers for a while. The current short interest of 5.78% is roughly at the average of the last 12 months (3.85%).