Presidio Property Trust, Inc. (NASDAQ:SQFT) Short Interest Down 16.7% in February

Presidio Property Trust, Inc. (NASDAQ:SQFT) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 84,300 shares, a drop of 16.7% from the February 13th total of 101,200 shares. Based on an average daily volume of 82,100 shares, the short-interest ratio is currently 1.0 days. Currently, 0.7% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Presidio Property Trust stock. Lepercq Multi Asset Fund acquired a new position in Presidio Property Trust, Inc. (NASDAQ:SQFT) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 134,125 shares of the company’s stock, valued at approximately $107,000. Presidio Property Trust accounts for about 0.1% of Lepercq Multi Asset Fund’s portfolio, making the stock its 7th largest position. Lepercq Multi Asset Fund owned 0.93% of Presidio Property Trust as of its most recent filing with the Securities & Exchange Commission. 38.92% of the stock is currently owned by hedge funds and other institutional investors.

Presidio Property Trust Stock Down 4.3 %

SQFT opened at $0.59 on Thursday. The company has a debt-to-equity ratio of 2.69, a current ratio of 1.49 and a quick ratio of 1.49. The company’s 50-day moving average is $0.66 and its 200 day moving average is $0.68. Presidio Property Trust has a fifty-two week low of $0.47 and a fifty-two week high of $1.39. The firm has a market capitalization of $8.50 million, a P/E ratio of -0.21 and a beta of 1.45.

About Presidio Property Trust

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.