Presidio Property Trust, Inc. (NASDAQ:SQFT) Sees Large Decrease in Short Interest

Presidio Property Trust, Inc. (NASDAQ:SQFT) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 70,700 shares, a decline of 16.1% from the February 28th total of 84,300 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average trading volume of 28,500 shares, the short-interest ratio is currently 2.5 days.

Institutional Investors Weigh In On Presidio Property Trust

A hedge fund recently bought a new stake in Presidio Property Trust stock. Lepercq Multi Asset Fund acquired a new stake in Presidio Property Trust, Inc. (NASDAQ:SQFT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 134,125 shares of the company’s stock, valued at approximately $107,000. Presidio Property Trust comprises approximately 0.1% of Lepercq Multi Asset Fund’s holdings, making the stock its 7th biggest position. Lepercq Multi Asset Fund owned approximately 0.93% of Presidio Property Trust at the end of the most recent quarter. 38.92% of the stock is owned by institutional investors and hedge funds.

Presidio Property Trust Stock Down 5.7 %

NASDAQ:SQFT traded down $0.03 during trading hours on Tuesday, hitting $0.54. The stock had a trading volume of 23,653 shares, compared to its average volume of 45,117. The company has a market cap of $7.81 million, a PE ratio of -0.19 and a beta of 1.45. The business has a 50 day simple moving average of $0.64 and a two-hundred day simple moving average of $0.68. Presidio Property Trust has a 1-year low of $0.47 and a 1-year high of $1.21. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 2.69.

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.