Home REIT delays release of annual results after short-seller backlash

Sparks 6.2% share price drop

The FTSE 250 listed Home REIT has delayed the release of its annual results at the last minute, after last week’s short-seller criticism that pushed its share price down by over 30%.

The company, which invests in the provision of sheltered housing for homeless people throughout the UK, had been due to publish its results on Monday (28 November) for the year to the end of August.  Late on Friday (25 November), it told shareholders that it would have to push back the publication of its results to give its auditor, BDO, more time to investigate allegations made by Viceroy Research, a Delaware-based firm that specialises in short-selling and was the first short-seller to call out the Wirecard fraud. The stock fell another 6.2% yesterday after the delay of its results,...