Short Interest in Presidio Property Trust, Inc. (NASDAQ:SQFT) Drops By 21.4%

Presidio Property Trust, Inc. (NASDAQ:SQFT) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 104,200 shares, a decrease of 21.4% from the January 15th total of 132,600 shares. Based on an average trading volume of 90,800 shares, the days-to-cover ratio is currently 1.1 days.

Presidio Property Trust Stock Performance

Shares of NASDAQ:SQFT opened at $0.66 on Friday. The company has a debt-to-equity ratio of 2.69, a quick ratio of 1.49 and a current ratio of 1.49. Presidio Property Trust has a 52 week low of $0.47 and a 52 week high of $1.39. The firm has a 50 day simple moving average of $0.73 and a 200 day simple moving average of $0.69.

Institutional Investors Weigh In On Presidio Property Trust

A hedge fund recently bought a new stake in Presidio Property Trust stock. Lepercq De Neuflize Asset Management LLC bought a new position in Presidio Property Trust, Inc. (NASDAQ:SQFT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 134,125 shares of the company’s stock, valued at approximately $107,000. Presidio Property Trust makes up about 0.1% of Lepercq De Neuflize Asset Management LLC’s holdings, making the stock its 7th biggest holding. Lepercq De Neuflize Asset Management LLC owned approximately 0.93% of Presidio Property Trust at the end of the most recent quarter. Hedge funds and other institutional investors own 38.92% of the company’s stock.

Presidio Property Trust Company Profile

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.