Highlands REIT, Inc. (OTCMKTS:HHDS) Sees Large Decline in Short Interest

Highlands REIT, Inc. (OTCMKTS:HHDS) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 100 shares, a drop of 87.5% from the March 15th total of 800 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 17,000 shares, the days-to-cover ratio is presently 0.0 days.

Highlands REIT Trading Up 252.8 %

Shares of OTCMKTS:HHDS traded up $0.07 during midday trading on Tuesday, reaching $0.09. 25,774 shares of the company’s stock were exchanged, compared to its average volume of 40,930. The firm’s 50 day simple moving average is $0.06 and its two-hundred day simple moving average is $0.05. The stock has a market cap of $68.74 million, a price-to-earnings ratio of 9.49 and a beta of 16.68. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.82 and a quick ratio of 3.82. Highlands REIT has a fifty-two week low of $0.01 and a fifty-two week high of $0.15.

About Highlands REIT

We are a self-advised and self-administered real estate investment trust (REIT) created to own and manage substantially all of the non-core investment properties previously owned and managed by our former parent, InvenTrust Properties Corp., a Maryland corporation (InvenTrust). On April 28, 2016, we were spun-off from InvenTrust through a pro rata distribution (the Distribution) by InvenTrust of 100% of the outstanding shares of our common stock to holders of InvenTrust's common stock.