Presidio Property Trust, Inc. (NASDAQ:SQFTP) Short Interest Up 240.0% in June

Presidio Property Trust, Inc. (NASDAQ:SQFTP) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 1,700 shares, a growth of 240.0% from the May 31st total of 500 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is presently 0.6 days.

Presidio Property Trust Stock Down 2.0 %

SQFTP traded down $0.33 during mid-day trading on Friday, reaching $16.17. The stock had a trading volume of 3,510 shares, compared to its average volume of 2,948. Presidio Property Trust has a 52 week low of $12.60 and a 52 week high of $18.84. The firm’s fifty day simple moving average is $17.12 and its two-hundred day simple moving average is $16.67.

Presidio Property Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be given a $0.1953 dividend. The ex-dividend date is Friday, June 28th. This represents a $2.34 annualized dividend and a dividend yield of 14.49%.

Presidio Property Trust Company Profile

Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio's model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. Our office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California.