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

Presidio Property Trust, Inc. (NASDAQ:SQFTP) was the recipient of a large 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 short-interest ratio is presently 0.2 days.

Presidio Property Trust Price Performance

SQFTP traded down $0.13 during trading hours on Friday, reaching $16.87. 5,624 shares of the company’s stock traded hands, compared to its average volume of 2,673. The firm has a 50-day moving average price of $17.05 and a 200 day moving average price of $15.75. Presidio Property Trust has a 52-week low of $12.60 and a 52-week high of $18.84.

Presidio Property Trust Announces Dividend

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

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.