HME, which focuses on the Southeast Florida markets of the United States, has seen its shares on loan rise from 17% to 23% of the company since October 23rd, as the share price continues to drop - from $60 to $25. This was preceded by a large amount of short covering; down from 25% to 17% between late September and late October.
Vornado has 12.54% of its shares on loan, up from 8% in October and 10% in late February, again, as the share price continues to fall - down from $100 to $30 since late September. The company was also down 5% on Friday. Steven Roth, the trust's CEO said it may take as long as four years for commercial real estate to catch up with supply.
Prologis, which operates industrial distribution properties, has seen the most dramatic rise in the amount of its shares on loan, up from 8% of the company in October to 21.5% now. The share price has fallen from $45 to $5 since September, with investors coming slightly late to the trade, increasing the borrow after the fall in price, as you can see from this graph.