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

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

Generation Income Properties Stock Up 1.5 %

Generation Income Properties stock traded up $0.03 during trading hours on Friday, hitting $1.65. The stock had a trading volume of 10,963 shares, compared to its average volume of 27,756. The stock’s 50-day moving average price is $1.70 and its 200-day moving average price is $1.85. The stock has a market capitalization of $8.92 million, a P/E ratio of -0.66 and a beta of -0.11. Generation Income Properties has a 12-month low of $1.50 and a 12-month high of $4.64. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 9.72.

Hedge Funds Weigh In On Generation Income Properties

A hedge fund recently bought a new stake in Generation Income Properties stock. Gator Capital Management LLC bought a new position in Generation Income Properties, Inc. (NASDAQ:GIPR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 86,024 shares of the company’s stock, valued at approximately $157,000. Gator Capital Management LLC owned approximately 1.59% of Generation Income Properties at the end of the most recent quarter. 20.72% of the stock is owned by institutional investors and hedge funds.

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.