Short Interest in Capital Properties Inc. (OTCMKTS:CPTP) Grows By 162.6%

Capital Properties Inc. (OTCMKTS:CPTP) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 344 shares, an increase of 162.6% from the January 29th total of 131 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,713 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 3,713 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Capital Properties Price Performance

OTCMKTS:CPTP opened at $13.49 on Friday. The company has a market cap of $89.03 million, a PE ratio of 61.32 and a beta of 0.31. The business’s 50 day moving average is $13.13 and its two-hundred day moving average is $12.01. Capital Properties has a 52 week low of $8.89 and a 52 week high of $14.00.

Capital Properties Company Profile

Capital Properties, Inc, together with its subsidiaries, engages in leasing land in downtown Providence, Rhode Island under long-term ground leases. It owns approximately 18 acres in the Capital Center consisting of 13 individual parcels; leases the undeveloped parcels of land adjacent to the Capital Center for public parking purposes; and leases 23 outdoor advertising locations containing 44 billboard faces along interstate and primary highways in Rhode Island and Massachusetts. The company was formerly known as Providence and Worcester Company and changed its name to Capital Properties, Inc in July 1984.