Presidio Property Trust, Inc. (NASDAQ:SQFTP – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,100 shares, a drop of 57.7% from the August 31st total of 2,600 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 3,400 shares, the short-interest ratio is presently 0.3 days.
Presidio Property Trust Price Performance
Shares of SQFTP stock opened at $15.37 on Friday. The firm has a 50-day moving average price of $14.96 and a 200 day moving average price of $14.44. Presidio Property Trust has a twelve month low of $13.30 and a twelve month high of $15.86.
Presidio Property Trust Dividend Announcement
The company also recently disclosed a monthly dividend, which was paid on Friday, August 15th. Investors of record on Thursday, July 31st were paid a dividend of $0.1953 per share. The ex-dividend date of this dividend was Thursday, July 31st. This represents a c) annualized dividend and a dividend yield of 15.2%.
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.
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