Portsmouth Square, Inc. (OTCMKTS:PRSI) Sees Significant Drop in Short Interest

Portsmouth Square, Inc. (OTCMKTS:PRSI) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totaling 1 shares, a decrease of 98.0% from the March 31st total of 51 shares. Based on an average daily trading volume, of 138 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Portsmouth Square Trading Down 1.7%

Shares of OTCMKTS PRSI opened at $5.90 on Friday. The stock has a market cap of $4.31 million, a PE ratio of -0.54 and a beta of -0.13. The company has a 50-day moving average of $6.50 and a 200 day moving average of $6.01. Portsmouth Square has a 12-month low of $1.81 and a 12-month high of $9.71.

Portsmouth Square (OTCMKTS:PRSI) last posted its quarterly earnings results on Thursday, February 12th. The company reported ($3.12) EPS for the quarter. The company had revenue of $12.66 million during the quarter.

Portsmouth Square Company Profile

Portsmouth Square, Inc (OTCMKTS: PRSI) is a Delaware‐incorporated holding company focused on the acquisition, development and licensing of intangible assets. The firm’s primary business activity involves assembling a portfolio of intellectual property rights and related digital assets with the goal of generating revenue through strategic licensing and commercialization agreements.

The company’s intangible asset holdings have historically included patents and proprietary technologies that support digital media distribution, interactive content delivery and e-commerce platforms.