Presidio Property Trust, Inc. (NASDAQ:SQFT) Sees Large Growth in Short Interest

Presidio Property Trust, Inc. (NASDAQ:SQFT) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 189,400 shares, a growth of 80.7% from the November 30th total of 104,800 shares. Based on an average daily volume of 91,100 shares, the days-to-cover ratio is currently 2.1 days.

Presidio Property Trust Price Performance

Shares of NASDAQ:SQFT traded up $0.01 during midday trading on Friday, reaching $0.80. 26,620 shares of the company’s stock traded hands, compared to its average volume of 47,544. The company has a fifty day simple moving average of $0.69 and a two-hundred day simple moving average of $0.69. Presidio Property Trust has a 1 year low of $0.47 and a 1 year high of $1.39. The company has a market cap of $11.59 million, a P/E ratio of -0.29 and a beta of 1.55. The company has a debt-to-equity ratio of 2.69, a quick ratio of 1.49 and a current ratio of 1.49.

Presidio Property Trust Company Profile

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.