Generation Income Properties, Inc. (NASDAQ:GIPR) Short Interest Up 765.8% in June

Generation Income Properties, Inc. (NASDAQ:GIPR) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 432,503 shares, a growth of 765.8% from the June 15th total of 49,953 shares. Approximately 7.0% of the company’s shares are short sold. Based on an average trading volume of 4,852,802 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Generation Income Properties

An institutional investor recently raised its stake in Generation Income Properties stock. Gator Capital Management LLC boosted its stake in shares of Generation Income Properties, Inc. (NASDAQ:GIPR) by 17.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 267,769 shares of the company’s stock after purchasing an additional 39,126 shares during the period. Gator Capital Management LLC owned approximately 4.91% of Generation Income Properties worth $247,000 at the end of the most recent reporting period. 20.72% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Generation Income Properties in a research note on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Generation Income Properties has an average rating of “Sell”.

Generation Income Properties Price Performance

NASDAQ:GIPR traded up $0.09 during mid-day trading on Friday, reaching $1.47. The company’s stock had a trading volume of 503,104 shares, compared to its average volume of 3,034,712. The stock has a market cap of $9.64 million, a P/E ratio of -0.81 and a beta of 0.25. The company’s fifty day simple moving average is $2.38 and its two-hundred day simple moving average is $4.10. Generation Income Properties has a twelve month low of $1.12 and a twelve month high of $19.90.

Generation Income Properties (NASDAQ:GIPR) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of $3.50 by ($3.81). The firm had revenue of $2.18 million for the quarter, compared to the consensus estimate of $2.46 million.

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.