Generation Income Properties, Inc. (NASDAQ:GIPR) Short Interest Update

Generation Income Properties, Inc. (NASDAQ:GIPR) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 20,700 shares, an increase of 191.5% from the March 31st total of 7,100 shares. Based on an average daily trading volume, of 21,300 shares, the short-interest ratio is currently 1.0 days. Approximately 0.5% of the shares of the company are sold short.

Generation Income Properties Trading Up 1.6 %

Shares of NASDAQ:GIPR opened at $1.58 on Wednesday. The stock has a 50 day moving average of $1.58 and a 200 day moving average of $1.75. The company has a market cap of $8.57 million, a PE ratio of -0.63 and a beta of -0.06. Generation Income Properties has a 12-month low of $1.43 and a 12-month high of $4.64. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 9.72.

Hedge Funds Weigh In On Generation Income Properties

A hedge fund recently bought a new stake in Generation Income Properties stock. Gator Capital Management LLC acquired a new stake in shares of Generation Income Properties, Inc. (NASDAQ:GIPR) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 86,024 shares of the company’s stock, valued at approximately $157,000. Gator Capital Management LLC owned 1.59% of Generation Income Properties at the end of the most recent reporting period. Institutional investors and hedge funds own 20.72% of the company’s stock.

About Generation Income Properties

Generation Income Properties, Inc, located in Tampa, Florida, is an internally managed real estate investment trust formed to acquire and own, directly and jointly, real estate investments focused on retail, office, and industrial net lease properties in densely populated submarkets.