Presidio Property Trust, Inc. (NASDAQ:SQFT) Short Interest Up 97.8% in March

Presidio Property Trust, Inc. (NASDAQ:SQFT) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 71,000 shares, a growth of 97.8% from the March 15th total of 35,900 shares. Based on an average daily volume of 34,700 shares, the days-to-cover ratio is currently 2.0 days.

Presidio Property Trust Stock Down 1.9 %

Presidio Property Trust stock opened at $1.02 on Friday. The company has a debt-to-equity ratio of 1.50, a current ratio of 4.67 and a quick ratio of 4.67. The stock has a market capitalization of $13.39 million, a price-to-earnings ratio of 0.72 and a beta of 1.56. Presidio Property Trust has a 1-year low of $0.50 and a 1-year high of $1.45. The business has a fifty day moving average price of $1.11 and a 200-day moving average price of $0.97.

Institutional Trading of Presidio Property Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Atria Wealth Solutions Inc. acquired a new stake in Presidio Property Trust during the 1st quarter worth about $1,266,000. Advisor Group Holdings Inc. lifted its position in Presidio Property Trust by 11.2% during the 1st quarter. Advisor Group Holdings Inc. now owns 48,051 shares of the company’s stock worth $179,000 after acquiring an additional 4,822 shares during the period. BlackRock Inc. lifted its position in Presidio Property Trust by 27.3% during the 1st quarter. BlackRock Inc. now owns 31,070 shares of the company’s stock worth $115,000 after acquiring an additional 6,665 shares during the period. State Street Corp lifted its position in Presidio Property Trust by 14.0% during the 2nd quarter. State Street Corp now owns 26,569 shares of the company’s stock worth $85,000 after acquiring an additional 3,270 shares during the period. Finally, Virtu Financial LLC acquired a new stake in Presidio Property Trust during the 1st quarter worth about $82,000. Institutional investors and hedge funds own 38.92% of the company’s stock.

About Presidio Property Trust

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.