Short interest in Innovative Industrial Properties Inc (NYSE:IIPR) decreased during the last reporting period, falling from 3.26M to 3.19M. This put 16.62% of the company's publicly available shares short.

Based on the recent average volume of 404.49K shares traded per day, it would take 7.88 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.