Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) Short Interest Update

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,836 shares, a growth of 464.9% from the June 15th total of 325 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,065 shares, the short-interest ratio is presently 0.6 days.

Income Opportunity Realty Investors Price Performance

Shares of IOR stock remained flat at $18.40 on Friday. 9 shares of the company traded hands, compared to its average volume of 1,794. The firm’s 50 day moving average is $18.02 and its two-hundred day moving average is $18.20. Income Opportunity Realty Investors has a 52 week low of $16.61 and a 52 week high of $19.69. The stock has a market cap of $74.89 million, a PE ratio of 18.59 and a beta of -0.02.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last announced its quarterly earnings data on Thursday, May 7th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter. The company had revenue of $1.38 million for the quarter.

Insider Buying and Selling at Income Opportunity Realty Investors

In related news, major shareholder Realty Invest Transcontinental acquired 1,500 shares of the stock in a transaction dated Monday, June 22nd. The shares were purchased at an average price of $17.75 per share, for a total transaction of $26,625.00. Following the transaction, the insider owned 3,460,847 shares in the company, valued at $61,430,034.25. This represents a 0.04% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. In the last 90 days, insiders have acquired 21,619 shares of company stock worth $385,150. Company insiders own 83.16% of the company’s stock.

About Income Opportunity Realty Investors

Income Opportunity Realty Investors, Inc is a real estate investment trust organized in October 2001 that focuses on owning, acquiring and managing income-producing retail properties. The company’s portfolio primarily consists of grocery-anchored, multi-tenant retail shopping centers and strip retail centers designed to serve everyday consumer needs.

The REIT seeks out properties with solid cash flows and creditworthy anchor tenants, such as grocery and pharmacy operators, in small to mid-sized markets across the United States.