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Jim Cramer Doesn't Think Tanger Should Be Shorted, But Don't Buy Yet

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A new stock has caught the eye of WallStreetBets.

TheStreet's Corey Goldman first reported on the story.

"Regardless of fundamentals or how investors view its prospects, Tanger (SKT) - Get Report was lighting up Reddit's r/WallStreetBets forum on Thursday, with various participants encouraging one another to bid up the stock and unseat larger players who hold short positions amid broader debate on whether millions of new millionaires is better or worse than "a couple of corrupt billionaires," Goldman wrote.

"Tanger is the second most-shorted stock after GameStop, attracting short interest of 39.98%, according to High Short Interest Stocks, a website that tracks stocks with short interest of more than 20%," he reported. 

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