Generation Income Properties, Inc. (NASDAQ:GIPR) Short Interest Update

Generation Income Properties, Inc. (NASDAQ:GIPRGet Free Report) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 128,686 shares, a decline of 20.5% from the January 15th total of 161,926 shares. Based on an average daily trading volume, of 63,097 shares, the short-interest ratio is presently 2.0 days. Approximately 2.5% of the shares of the company are short sold. Approximately 2.5% of the shares of the company are short sold. Based on an average daily trading volume, of 63,097 shares, the short-interest ratio is presently 2.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Generation Income Properties stock. Gator Capital Management LLC boosted its position in shares of Generation Income Properties, Inc. (NASDAQ:GIPRFree Report) by 17.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 267,769 shares of the company’s stock after buying an additional 39,126 shares during the quarter. Gator Capital Management LLC owned approximately 4.91% of Generation Income Properties worth $247,000 as of its most recent SEC filing. 20.72% of the stock is currently owned by institutional investors and hedge funds.

Generation Income Properties Stock Performance

Shares of NASDAQ GIPR traded up $0.01 during mid-day trading on Tuesday, hitting $0.60. 45,792 shares of the stock were exchanged, compared to its average volume of 50,350. Generation Income Properties has a twelve month low of $0.54 and a twelve month high of $2.06. The stock’s fifty day simple moving average is $0.73 and its two-hundred day simple moving average is $0.96. The company has a market cap of $3.28 million, a P/E ratio of -0.32 and a beta of 0.01.

Generation Income Properties (NASDAQ:GIPRGet Free Report) last released its quarterly earnings results on Friday, November 14th. The company reported ($0.52) EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.84). Generation Income Properties had a negative return on equity of 723.20% and a negative net margin of 103.22%.The business had revenue of $2.47 million for the quarter, compared to the consensus estimate of $2.42 million.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Generation Income Properties in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat, Generation Income Properties presently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on GIPR

Generation Income Properties Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Generation Income Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Generation Income Properties and related companies with MarketBeat.com's FREE daily email newsletter.