Capital Properties Inc. (OTCMKTS:CPTP) Short Interest Update

Capital Properties Inc. (OTCMKTS:CPTP) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 131 shares, a drop of 69.7% from the December 31st total of 432 shares. Based on an average daily volume of 4,754 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 4,754 shares, the short-interest ratio is currently 0.0 days.

Capital Properties Price Performance

Shares of CPTP stock traded down $0.22 during trading hours on Thursday, hitting $13.13. 101 shares of the company’s stock were exchanged, compared to its average volume of 2,375. Capital Properties has a 52 week low of $8.89 and a 52 week high of $14.00. The stock’s 50-day moving average is $12.48 and its 200-day moving average is $11.69. The stock has a market cap of $86.66 million, a price-to-earnings ratio of 59.68 and a beta of 0.31.

Capital Properties (OTCMKTS:CPTP) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.10 earnings per share for the quarter. The firm had revenue of $1.46 million for the quarter.

Capital Properties Company Profile

Capital Properties, Inc, together with its subsidiaries, engages in leasing land in downtown Providence, Rhode Island under long-term ground leases. It owns approximately 18 acres in the Capital Center consisting of 13 individual parcels; leases the undeveloped parcels of land adjacent to the Capital Center for public parking purposes; and leases 23 outdoor advertising locations containing 44 billboard faces along interstate and primary highways in Rhode Island and Massachusetts. The company was formerly known as Providence and Worcester Company and changed its name to Capital Properties, Inc in July 1984.