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

Presidio Property Trust, Inc. (NASDAQ:SQFTP) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 418 shares, a decrease of 73.1% from the June 15th total of 1,552 shares. Based on an average daily trading volume, of 2,673 shares, the short-interest ratio is currently 0.2 days.

Presidio Property Trust Stock Up 1.8%

Shares of NASDAQ SQFTP traded up $0.10 during midday trading on Friday, reaching $5.60. 925 shares of the company’s stock were exchanged, compared to its average volume of 9,186. Presidio Property Trust has a 52-week low of $3.65 and a 52-week high of $15.99. The business’s fifty day moving average price is $5.86 and its two-hundred day moving average price is $7.61.

Presidio Property Trust Company Profile

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. While geographical clustering of real estate enables us to reduce our operating costs through economies of scale by servicing several properties with less staff, it makes us susceptible to changing market conditions in these discrete geographic areas, including those that have developed as a result of COVID-19.