Short Interest in Presidio Property Trust, Inc. (NASDAQ:SQFTP) Drops By 45.5%

Presidio Property Trust, Inc. (NASDAQ:SQFTP) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 600 shares, a decline of 45.5% from the March 31st total of 1,100 shares. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is currently 0.2 days.

Presidio Property Trust Stock Performance

Shares of NASDAQ:SQFTP traded down $0.13 during trading on Friday, reaching $16.87. The stock had a trading volume of 5,624 shares, compared to its average volume of 2,673. The business has a fifty day moving average price of $17.05 and a 200-day moving average price of $15.75. Presidio Property Trust has a 1-year low of $12.60 and a 1-year high of $18.84.

Presidio Property Trust Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, June 28th. This represents a $2.34 annualized dividend and a yield of 13.89%.

About Presidio Property Trust

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.