Short Interest in Presidio Property Trust, Inc. (NASDAQ:SQFTP) Grows By 240.0%

Presidio Property Trust, Inc. (NASDAQ:SQFTP) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 1,700 shares, an increase of 240.0% from the May 31st total of 500 shares. Based on an average trading volume of 2,900 shares, the short-interest ratio is currently 0.6 days.

Presidio Property Trust Price Performance

NASDAQ:SQFTP traded down $0.33 on Friday, reaching $16.17. The stock had a trading volume of 3,560 shares, compared to its average volume of 2,948. Presidio Property Trust has a 1-year low of $12.60 and a 1-year high of $18.84. The stock has a fifty day moving average price of $17.10 and a 200-day moving average price of $16.67.

Presidio Property Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, July 15th. Investors 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 14.49%. 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.