Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) Short Interest Up 76.9% in March

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,300 shares, an increase of 76.9% from the February 28th total of 1,300 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.6% of the shares of the company are sold short.

Income Opportunity Realty Investors Stock Down 0.1 %

Shares of IOR stock opened at $17.46 on Monday. Income Opportunity Realty Investors has a one year low of $15.69 and a one year high of $19.00. The company’s fifty day moving average price is $17.64. The company has a market cap of $71.06 million, a P/E ratio of 11.96 and a beta of 0.15.

Insider Activity at Income Opportunity Realty Investors

In other Income Opportunity Realty Investors news, major shareholder Realty Invest Transcontinental purchased 21,678 shares of the firm’s stock in a transaction on Wednesday, January 29th. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $390,204.00. Following the completion of the transaction, the insider now owns 3,403,248 shares of the company’s stock, valued at approximately $61,258,464. The trade was a 0.64 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 83.16% of the stock is owned by company insiders.

Income Opportunity Realty Investors Company Profile

Income Opportunity Realty Investors, Inc, a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real estate through direct equity ownership and partnerships.