Presidio Property Trust, Inc. (NASDAQ:SQFT) Sees Significant Decline in Short Interest

Presidio Property Trust, Inc. (NASDAQ:SQFTGet Free Report) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 84,300 shares, a decrease of 16.7% from the February 13th total of 101,200 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily volume of 82,100 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Presidio Property Trust stock. Lepercq Multi Asset Fund acquired a new stake in shares of Presidio Property Trust, Inc. (NASDAQ:SQFTFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 134,125 shares of the company’s stock, valued at approximately $107,000. Presidio Property Trust accounts for 0.1% of Lepercq Multi Asset Fund’s investment portfolio, making the stock its 7th largest holding. Lepercq Multi Asset Fund owned approximately 0.93% of Presidio Property Trust as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 38.92% of the company’s stock.

Presidio Property Trust Price Performance

Presidio Property Trust stock opened at $0.60 on Wednesday. Presidio Property Trust has a one year low of $0.47 and a one year high of $1.39. The stock’s 50 day moving average is $0.66 and its 200 day moving average is $0.69. The firm has a market cap of $8.64 million, a P/E ratio of -0.21 and a beta of 1.45. The company has a debt-to-equity ratio of 2.69, a current ratio of 1.49 and a quick ratio of 1.49.

About Presidio Property Trust

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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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