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https://www.wsj.com/articles/short-sellers-upended-a-small-farm-real-estate-company-this-is-what-it-looked-like-11664076506
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Andy Jenks, a sixth-generation Illinois farmer, owns shares in a small real-estate investment trust called Farmland Partners but rarely thought about them.
That changed on July 11, 2018. That morning, a writer going by the name Rota Fortunae published an article on an investing website, Seeking Alpha, alleging Farmland was at risk of insolvency. Some investors had shorted the company, betting Farmland’s stock was poised to decline. It did, and by the end of the day, Farmland was down 39%. It took more than two years for the share price to recover.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
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