Portsmouth Square, Inc. (OTCMKTS:PRSI) Sees Significant Decline in Short Interest

Portsmouth Square, Inc. (OTCMKTS:PRSI) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 3 shares, a decline of 97.9% from the November 30th total of 143 shares. Based on an average daily trading volume, of 17 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 17 shares, the days-to-cover ratio is currently 0.2 days.

Portsmouth Square Stock Down 0.8%

Shares of Portsmouth Square stock opened at $5.95 on Thursday. Portsmouth Square has a 52 week low of $1.75 and a 52 week high of $6.00. The company has a 50 day moving average price of $4.49 and a 200 day moving average price of $3.06.

Portsmouth Square (OTCMKTS:PRSI) last posted its quarterly earnings data on Wednesday, November 12th. The company reported ($3.52) EPS for the quarter. The firm had revenue of $12.42 million for the quarter.

About Portsmouth Square

Portsmouth Square, Inc (OTCMKTS: PRSI) is a Delaware‐incorporated holding company focused on the acquisition, development and licensing of intangible assets. The firm’s primary business activity involves assembling a portfolio of intellectual property rights and related digital assets with the goal of generating revenue through strategic licensing and commercialization agreements.

The company’s intangible asset holdings have historically included patents and proprietary technologies that support digital media distribution, interactive content delivery and e-commerce platforms.