Generation Income Properties, Inc. (NASDAQ:GIPR) Sees Large Growth in Short Interest

Generation Income Properties, Inc. (NASDAQ:GIPR) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 358,420 shares, a growth of 3,855.6% from the November 30th total of 9,061 shares. Based on an average daily volume of 1,503,661 shares, the days-to-cover ratio is currently 0.2 days. Approximately 7.0% of the shares of the company are sold short. Approximately 7.0% of the shares of the company are sold short. Based on an average daily volume of 1,503,661 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Generation Income Properties stock. Gator Capital Management LLC lifted its stake in Generation Income Properties, Inc. (NASDAQ:GIPR) by 17.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 267,769 shares of the company’s stock after buying an additional 39,126 shares during the period. Gator Capital Management LLC owned approximately 4.91% of Generation Income Properties worth $247,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 20.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Generation Income Properties in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Generation Income Properties Stock Performance

NASDAQ:GIPR traded down $0.02 during mid-day trading on Wednesday, hitting $0.73. 70,182 shares of the stock were exchanged, compared to its average volume of 243,608. The firm’s 50-day simple moving average is $1.10 and its 200 day simple moving average is $1.17. The stock has a market capitalization of $3.97 million, a price-to-earnings ratio of -0.39 and a beta of -0.02. Generation Income Properties has a fifty-two week low of $0.72 and a fifty-two week high of $2.06. The company has a debt-to-equity ratio of 20.28, a quick ratio of 0.08 and a current ratio of 0.08.

Generation Income Properties (NASDAQ:GIPR) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.52) earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.84). The firm had revenue of $2.47 million for the quarter, compared to the consensus estimate of $2.42 million. Generation Income Properties had a negative return on equity of 723.20% and a negative net margin of 103.22%.

About Generation Income Properties

Generation Income Properties is a publicly traded real estate investment company that focuses on acquiring and managing single-tenant, net-lease properties across the United States. The company seeks to generate stable, long-term cash flows by structuring sale-leaseback and build-to-suit transactions with investment-grade and middle-market tenants. Its portfolio spans essential industries such as retail, industrial, medical and office, with properties typically under long-term, triple-net leases that shift operating expenses to tenants.

The firm pursues a disciplined acquisition strategy, targeting properties in markets characterized by strong demographic and economic fundamentals.