Generation Income Properties, Inc. (NASDAQ:GIPR) Short Interest Up 20.3% in March

Generation Income Properties, Inc. (NASDAQ:GIPR) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 7,100 shares, an increase of 20.3% from the March 15th total of 5,900 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 24,000 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Generation Income Properties

An institutional investor recently bought a new position in Generation Income Properties stock. Gator Capital Management LLC purchased a new position in shares of Generation Income Properties, Inc. (NASDAQ:GIPR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 86,024 shares of the company’s stock, valued at approximately $157,000. Gator Capital Management LLC owned 1.59% of Generation Income Properties as of its most recent filing with the Securities and Exchange Commission (SEC). 20.72% of the stock is owned by hedge funds and other institutional investors.

Generation Income Properties Stock Performance

Shares of GIPR stock opened at $1.47 on Wednesday. The company has a market capitalization of $8.00 million, a price-to-earnings ratio of -0.59 and a beta of -0.06. Generation Income Properties has a 1-year low of $1.43 and a 1-year high of $4.64. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 9.72. The stock’s fifty day simple moving average is $1.61 and its 200-day simple moving average is $1.77.

About Generation Income Properties

Generation Income Properties, Inc, located in Tampa, Florida, is an internally managed real estate investment trust formed to acquire and own, directly and jointly, real estate investments focused on retail, office, and industrial net lease properties in densely populated submarkets.