Generation Income Properties, Inc. (NASDAQ:GIPR) Sees Significant Decline in Short Interest

Generation Income Properties, Inc. (NASDAQ:GIPR) was the recipient of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 128,686 shares, a decline of 20.5% from the January 15th total of 161,926 shares. Currently, 2.5% of the company’s stock are short sold. Based on an average daily volume of 63,097 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 63,097 shares, the days-to-cover ratio is presently 2.0 days. Currently, 2.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Generation Income Properties stock. Gator Capital Management LLC raised its position in shares of Generation Income Properties, Inc. (NASDAQ:GIPR) by 17.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 267,769 shares of the company’s stock after purchasing an additional 39,126 shares during the quarter. Gator Capital Management LLC owned 4.91% of Generation Income Properties worth $247,000 as of its most recent SEC filing. 20.72% of the stock is currently owned by hedge funds and other institutional investors.

Generation Income Properties Stock Performance

Shares of GIPR traded up $0.05 during mid-day trading on Friday, hitting $0.59. 49,621 shares of the company traded hands, compared to its average volume of 49,284. Generation Income Properties has a 1 year low of $0.54 and a 1 year high of $2.06. The stock has a 50-day moving average price of $0.75 and a two-hundred day moving average price of $0.98. The stock has a market cap of $3.23 million, a price-to-earnings ratio of -0.32 and a beta of 0.01.

Generation Income Properties (NASDAQ:GIPR) last released its quarterly earnings results on Friday, November 14th. The company reported ($0.52) earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.84). The firm had revenue of $2.47 million for the quarter, compared to the consensus estimate of $2.42 million. Generation Income Properties had a negative net margin of 103.22% and a negative return on equity of 723.20%.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Generation Income Properties in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Generation Income Properties currently has an average rating of “Sell”.

About Generation Income Properties

Generation Income Properties is a publicly traded real estate investment company that focuses on acquiring and managing single-tenant, net-lease properties across the United States. The company seeks to generate stable, long-term cash flows by structuring sale-leaseback and build-to-suit transactions with investment-grade and middle-market tenants. Its portfolio spans essential industries such as retail, industrial, medical and office, with properties typically under long-term, triple-net leases that shift operating expenses to tenants.

The firm pursues a disciplined acquisition strategy, targeting properties in markets characterized by strong demographic and economic fundamentals.