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

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

Institutional Trading of Presidio Property Trust

An institutional investor recently bought a new position in Presidio Property Trust stock. Lepercq De Neuflize Asset Management LLC bought a new position in shares of Presidio Property Trust, Inc. (NASDAQ:SQFT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 largest holding. Lepercq De Neuflize Asset Management LLC owned about 0.93% of Presidio Property Trust as of its most recent SEC filing. 38.92% of the stock is owned by institutional investors and hedge funds.

Presidio Property Trust Price Performance

Presidio Property Trust stock opened at $0.66 on Friday. The firm has a 50 day simple moving average of $0.73 and a 200-day simple moving average of $0.69. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 2.69. Presidio Property Trust has a 12-month low of $0.47 and a 12-month high of $1.39.

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.