Generation Income Properties, Inc. (NASDAQ:GIPR) Short Interest Down 35.4% in December

Generation Income Properties, Inc. (NASDAQ:GIPRGet Free Report) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 231,576 shares, a decrease of 35.4% from the December 15th total of 358,420 shares. Based on an average trading volume of 101,972 shares, the short-interest ratio is currently 2.3 days. Currently, 4.5% of the shares of the company are sold short. Currently, 4.5% of the shares of the company are sold short. Based on an average trading volume of 101,972 shares, the short-interest ratio is currently 2.3 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Generation Income Properties in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Check Out Our Latest Research Report on GIPR

Institutional Inflows and Outflows

An institutional investor recently raised its position in Generation Income Properties stock. Gator Capital Management LLC lifted its holdings in Generation Income Properties, Inc. (NASDAQ:GIPRFree Report) by 17.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 267,769 shares of the company’s stock after purchasing an additional 39,126 shares during the period. Gator Capital Management LLC owned approximately 4.91% of Generation Income Properties worth $247,000 at the end of the most recent reporting period. 20.72% of the stock is owned by institutional investors.

Generation Income Properties Stock Performance

Shares of NASDAQ:GIPR traded up $0.01 during midday trading on Friday, hitting $0.74. The company’s stock had a trading volume of 24,819 shares, compared to its average volume of 71,173. The company has a market cap of $4.05 million and a P/E ratio of -0.40. Generation Income Properties has a 12-month low of $0.63 and a 12-month high of $2.06. The business’s 50 day simple moving average is $0.86 and its 200 day simple moving average is $1.09.

Generation Income Properties (NASDAQ:GIPRGet Free Report) last issued its earnings results on Friday, November 14th. The company reported ($0.52) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.84). Generation Income Properties had a negative return on equity of 723.20% and a negative net margin of 103.22%.The company had revenue of $2.47 million during the quarter, compared to analyst estimates of $2.42 million.

About Generation Income Properties

(Get Free Report)

Generation Income Properties is a publicly traded real estate investment company that focuses on acquiring and managing single-tenant, net-lease properties across the United States. The company seeks to generate stable, long-term cash flows by structuring sale-leaseback and build-to-suit transactions with investment-grade and middle-market tenants. Its portfolio spans essential industries such as retail, industrial, medical and office, with properties typically under long-term, triple-net leases that shift operating expenses to tenants.

The firm pursues a disciplined acquisition strategy, targeting properties in markets characterized by strong demographic and economic fundamentals.

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