Capital Properties, Inc. (OTCMKTS:CPTP) Short Interest Update

Capital Properties, Inc. (OTCMKTS:CPTP) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the August 15th total of 200 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 0.1 days.

Capital Properties Stock Performance

CPTP remained flat at $9.92 during midday trading on Friday. The company has a 50 day moving average of $10.11 and a two-hundred day moving average of $10.25. Capital Properties has a 52 week low of $9.90 and a 52 week high of $12.52.

Capital Properties (OTCMKTS:CPTP) last released its quarterly earnings results on Friday, August 2nd. The company reported $0.11 EPS for the quarter. Capital Properties had a net margin of 36.86% and a return on equity of 31.27%. The company had revenue of $1.49 million for the quarter.

Capital Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were paid a $0.07 dividend. The ex-dividend date of this dividend was Friday, August 16th. This represents a $0.28 annualized dividend and a dividend yield of 2.82%.

Capital Properties Company Profile

Capital Properties, Inc, together with its subsidiaries, engages in leasing land in downtown Providence, Rhode Island under long-term ground leases. It owns approximately 18 acres in the Capital Center consisting of 13 individual parcels; leases the undeveloped parcels of land adjacent to the Capital Center for public parking purposes; and leases 23 outdoor advertising locations containing 44 billboard faces along interstate and primary highways in Rhode Island and Massachusetts.