Short Interest in Generation Income Properties, Inc. (NASDAQ:GIPR) Declines By 47.3%

Generation Income Properties, Inc. (NASDAQ:GIPR) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 5,900 shares, a decrease of 47.3% from the February 28th total of 11,200 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 25,900 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Generation Income Properties

An institutional investor recently bought a new position 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 filing with the Securities and Exchange Commission (SEC). The fund acquired 86,024 shares of the company’s stock, valued at approximately $157,000. Gator Capital Management LLC owned about 1.59% of Generation Income Properties at the end of the most recent quarter. Institutional investors and hedge funds own 20.72% of the company’s stock.

Generation Income Properties Stock Up 1.5 %

NASDAQ GIPR traded up $0.03 during trading hours on Friday, reaching $1.65. 10,963 shares of the company’s stock traded hands, compared to its average volume of 27,756. Generation Income Properties has a 52-week low of $1.50 and a 52-week high of $4.64. The company has a debt-to-equity ratio of 9.72, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a 50-day simple moving average of $1.70 and a 200 day simple moving average of $1.85. The firm has a market cap of $8.92 million, a PE ratio of -0.66 and a beta of -0.11.

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.