Presidio Property Trust, Inc. (NASDAQ:SQFTP) Short Interest Update

Posted by Jared Coughlin on Apr 27th, 2024

Presidio Property Trust, Inc. (NASDAQ:SQFTP – Get Free Report) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 600 shares, a drop of 45.5% from the March 31st total of 1,100 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is presently 0.2 days.

Presidio Property Trust Trading Down 0.7 %

NASDAQ SQFTP traded down $0.13 on Friday, hitting $16.87. 5,624 shares of the stock were exchanged, compared to its average volume of 2,673. The company’s 50-day moving average price is $17.05 and its two-hundred day moving average price is $15.75. Presidio Property Trust has a 52-week low of $12.60 and a 52-week high of $18.84.

Presidio Property Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be paid a $0.1953 dividend. This represents a $2.34 annualized dividend and a yield of 13.89%. The ex-dividend date is Friday, June 28th.

About Presidio Property Trust

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Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio's model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. Our office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California.