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PEI - Pennsylvania Real Estate Investment Trust gains on 13D filing
Pennsylvania Real Estate Investment Trust
Pennsylvania Real Estate Investment Trust (PEI) rose 4.8% after John R. Saunders reported a 5.4% stake in a 13D filing.Filing says that that the Saunders believes the shares of PEI are an attractive investment opportunity.PEI short interest 16% of float.Recall Feb. 12, PREIT reduces credit pact amount, limits liability on Woodland Mall partnership.Recall Dec. 11, PREIT stock jumps 19% as it emerges from Chapter 11.