Portsmouth Square, Inc. (OTCMKTS:PRSI) Sees Significant Growth in Short Interest

Portsmouth Square, Inc. (OTCMKTS:PRSIGet Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 400 shares, an increase of 300.0% from the August 31st total of 100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 4.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 4.0 days.

Portsmouth Square Trading Up 62.6%

Shares of OTCMKTS PRSI opened at $3.30 on Thursday. The firm has a 50-day simple moving average of $2.25 and a 200-day simple moving average of $2.10. Portsmouth Square has a 52 week low of $1.75 and a 52 week high of $3.31.

Portsmouth Square (OTCMKTS:PRSIGet Free Report) last released its quarterly earnings data on Monday, September 29th. The company reported ($3.39) EPS for the quarter. The business had revenue of $12.37 million for the quarter.

About Portsmouth Square

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Portsmouth Square, Inc owns and operates a hotel under the Hilton brand in San Francisco, California. Its hotel property consists of guest rooms and luxury suites, and related facilities, including a five-level underground parking garage. The company was incorporated in 1967 and is based in Los Angeles, California.

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