Presidio Property Trust, Inc. (NASDAQ:SQFTP) Short Interest Update

Presidio Property Trust, Inc. (NASDAQ:SQFTP) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 600 shares, a drop of 45.5% from the March 31st total of 1,100 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is presently 0.2 days.

Presidio Property Trust Stock Down 0.7 %

SQFTP stock traded down $0.13 during midday trading on Friday, hitting $16.87. The stock had a trading volume of 5,624 shares, compared to its average volume of 2,673. The company’s 50-day moving average price is $17.05 and its 200 day moving average price is $15.75. Presidio Property Trust has a 12-month low of $12.60 and a 12-month high of $18.84.

Presidio Property Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be paid a $0.1953 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $2.34 annualized dividend and a yield of 13.89%.

Presidio Property Trust Company Profile

Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio's model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. Our office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California.