Generation Income Properties, Inc. (NASDAQ:GIPR) Short Interest Update

Generation Income Properties, Inc. (NASDAQ:GIPR) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 20,700 shares, an increase of 191.5% from the March 31st total of 7,100 shares. Based on an average daily volume of 21,300 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the shares of the company are sold short.

Generation Income Properties Price Performance

NASDAQ GIPR opened at $1.58 on Wednesday. The company has a 50-day moving average price of $1.58 and a 200-day moving average price of $1.75. Generation Income Properties has a 52 week low of $1.43 and a 52 week high of $4.64. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 9.72. The firm has a market capitalization of $8.57 million, a P/E ratio of -0.63 and a beta of -0.06.

Institutional Trading of Generation Income Properties

A hedge fund recently bought a new stake in Generation Income Properties stock. Gator Capital Management LLC acquired a new stake in shares of Generation Income Properties, Inc. (NASDAQ:GIPR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 86,024 shares of the company’s stock, valued at approximately $157,000. Gator Capital Management LLC owned 1.59% of Generation Income Properties at the end of the most recent reporting period. Hedge funds and other institutional investors own 20.72% of the company’s stock.

Generation Income Properties Company Profile

Generation Income Properties, Inc, located in Tampa, Florida, is an internally managed real estate investment trust formed to acquire and own, directly and jointly, real estate investments focused on retail, office, and industrial net lease properties in densely populated submarkets.