Short Interest in Presidio Property Trust, Inc. (NASDAQ:SQFT) Drops By 26.0%

Presidio Property Trust, Inc. (NASDAQ:SQFT) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 140,100 shares, a drop of 26.0% from the December 15th total of 189,400 shares. Based on an average daily volume of 94,500 shares, the days-to-cover ratio is currently 1.5 days.

Presidio Property Trust Trading Up 0.8 %

Shares of SQFT stock traded up $0.01 during mid-day trading on Wednesday, reaching $0.73. 23,473 shares of the stock traded hands, compared to its average volume of 41,818. The stock’s fifty day simple moving average is $0.71 and its two-hundred day simple moving average is $0.69. Presidio Property Trust has a 1-year low of $0.47 and a 1-year high of $1.39. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 2.69. The company has a market cap of $10.51 million, a price-to-earnings ratio of -0.26 and a beta of 1.47.

About Presidio Property Trust

Presidio Property Trust, Inc (we, our, us or the Company) is an internally-managed real estate investment trust (REIT), with holdings in office, industrial, retail and model home properties. We were incorporated in the State of California on September 28, 1999, and in August 2010, we reincorporated as a Maryland corporation.