Presidio Property Trust, Inc. (NASDAQ:SQFT) Short Interest Down 45.8% in August

by · The Cerbat Gem

Presidio Property Trust, Inc. (NASDAQ:SQFT – Get Free Report) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 12,800 shares, a decline of 45.8% from the August 15th total of 23,600 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily volume of 835,000 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 835,000 shares, the short-interest ratio is presently 0.0 days. Approximately 1.1% of the shares of the stock are short sold.

Presidio Property Trust Price Performance

Shares of NASDAQ:SQFT traded up $0.10 during midday trading on Monday, hitting $5.65. The company had a trading volume of 15,068 shares, compared to its average volume of 313,959. The business’s 50-day simple moving average is $5.87 and its 200-day simple moving average is $5.81. The stock has a market cap of $8.19 million, a price-to-earnings ratio of -0.49 and a beta of 1.32. The company has a debt-to-equity ratio of 3.22, a current ratio of 1.75 and a quick ratio of 1.75. Presidio Property Trust has a twelve month low of $4.19 and a twelve month high of $23.00.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Presidio Property Trust stock. IFP Advisors Inc increased its position in shares of Presidio Property Trust, Inc. (NASDAQ:SQFT – Free Report) by 10.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,843 shares of the company’s stock after acquiring an additional 2,980 shares during the quarter. IFP Advisors Inc owned approximately 2.74% of Presidio Property Trust worth $172,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 38.92% of the company’s stock.

Presidio Property Trust Company Profile

(Get Free Report)

Presidio Property Trust, Inc (we, our, us or the Company) is an internally-managed real estate investment trust (REIT), with holdings in office, industrial, retail and model home properties. We were incorporated in the State of California on September 28, 1999, and in August 2010, we reincorporated as a Maryland corporation.

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