Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) Short Interest Down 27.8% in February

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 1,300 shares, a decline of 27.8% from the January 31st total of 1,800 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.3% of the shares of the company are short sold.

Insider Buying and Selling

In related news, major shareholder Realty Invest Transcontinental purchased 21,678 shares of Income Opportunity Realty Investors stock in a transaction that occurred on Wednesday, January 29th. The stock was bought at an average cost of $18.00 per share, for a total transaction of $390,204.00. Following the completion of the transaction, the insider now owns 3,403,248 shares in the company, valued at $61,258,464. The trade was a 0.64 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 83.16% of the company’s stock.

Income Opportunity Realty Investors Price Performance

Shares of Income Opportunity Realty Investors stock traded up $0.63 on Tuesday, reaching $17.83. The company’s stock had a trading volume of 310 shares, compared to its average volume of 1,635. The stock has a market capitalization of $72.57 million, a PE ratio of 12.21 and a beta of 0.15. Income Opportunity Realty Investors has a 52-week low of $15.00 and a 52-week high of $19.00.

Income Opportunity Realty Investors Company Profile

Income Opportunity Realty Investors, Inc, a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real estate through direct equity ownership and partnerships.