Presidio Property Trust, Inc. (NASDAQ:SQFT) Short Interest Down 16.1% in March

Presidio Property Trust, Inc. (NASDAQ:SQFT) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 70,700 shares, a decline of 16.1% from the February 28th total of 84,300 shares. Based on an average daily trading volume, of 28,500 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Trading of Presidio Property Trust

An institutional investor recently bought a new position in Presidio Property Trust stock. Lepercq Multi Asset Fund acquired a new stake in shares of Presidio Property Trust, Inc. (NASDAQ:SQFT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 134,125 shares of the company’s stock, valued at approximately $107,000. Presidio Property Trust makes up about 0.1% of Lepercq Multi Asset Fund’s investment portfolio, making the stock its 7th largest holding. Lepercq Multi Asset Fund owned 0.93% of Presidio Property Trust at the end of the most recent quarter. 38.92% of the stock is owned by institutional investors and hedge funds.

Presidio Property Trust Stock Performance

Presidio Property Trust stock traded down $0.00 during midday trading on Wednesday, hitting $0.57. 2,225 shares of the company were exchanged, compared to its average volume of 45,054. Presidio Property Trust has a fifty-two week low of $0.47 and a fifty-two week high of $1.21. The firm has a market capitalization of $8.24 million, a PE ratio of -0.20 and a beta of 1.45. The business has a fifty day simple moving average of $0.63 and a two-hundred day simple moving average of $0.68. The company has a debt-to-equity ratio of 2.69, a quick ratio of 1.49 and a current ratio of 1.49.

About Presidio Property Trust

Presidio Property Trust, Inc (we, our, us or the Company) is an internally-managed real estate investment trust (REIT), with holdings in office, industrial, retail and model home properties. We were incorporated in the State of California on September 28, 1999, and in August 2010, we reincorporated as a Maryland corporation.