Short Interest in Generation Income Properties, Inc. (NASDAQ:GIPR) Rises By 160.5%

Generation Income Properties, Inc. (NASDAQ:GIPR) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 11,200 shares, an increase of 160.5% from the February 13th total of 4,300 shares. Based on an average trading volume of 27,800 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Generation Income Properties stock. Gator Capital Management LLC acquired a new stake in shares of Generation Income Properties, Inc. (NASDAQ:GIPR) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 86,024 shares of the company’s stock, valued at approximately $157,000. Gator Capital Management LLC owned about 1.59% of Generation Income Properties as of its most recent filing with the Securities & Exchange Commission. 20.72% of the stock is currently owned by hedge funds and other institutional investors.

Generation Income Properties Stock Performance

Shares of GIPR traded up $0.01 during trading hours on Thursday, reaching $1.56. 7,007 shares of the company traded hands, compared to its average volume of 27,417. The stock’s fifty day moving average is $1.73 and its 200 day moving average is $1.91. The stock has a market cap of $8.45 million, a P/E ratio of -0.62 and a beta of -0.11. The company has a debt-to-equity ratio of 9.72, a quick ratio of 0.81 and a current ratio of 0.81. Generation Income Properties has a 1-year low of $1.50 and a 1-year high of $4.64.

About Generation Income Properties

Generation Income Properties, Inc, located in Tampa, Florida, is an internally managed real estate investment trust formed to acquire and own, directly and jointly, real estate investments focused on retail, office, and industrial net lease properties in densely populated submarkets.