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

Presidio Property Trust, Inc. (NASDAQ:SQFTP) was the recipient of a significant increase in short interest during the month of 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 daily trading volume, of 2,900 shares, the short-interest ratio is currently 0.6 days.

Presidio Property Trust Stock Performance

SQFTP traded down $0.33 during trading on Friday, hitting $16.17. 3,560 shares of the company’s stock were exchanged, compared to its average volume of 2,948. The business’s 50 day moving average is $17.10 and its two-hundred day moving average is $16.67. Presidio Property Trust has a fifty-two week low of $12.60 and a fifty-two week high of $18.84.

Presidio Property Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be issued a dividend of $0.1953 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $2.34 annualized dividend and a yield of 14.49%.

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.