Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) Short Interest Down 18.2% in March

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 175 shares, a decline of 18.2% from the March 15th total of 214 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 412 shares, the days-to-cover ratio is currently 0.4 days.

Income Opportunity Realty Investors Price Performance

NYSEAMERICAN IOR remained flat at $18.26 during trading hours on Friday. The company had a trading volume of 11 shares, compared to its average volume of 239. The business’s 50-day moving average is $18.35 and its 200-day moving average is $18.31. Income Opportunity Realty Investors has a one year low of $17.01 and a one year high of $19.69. The stock has a market cap of $74.30 million, a P/E ratio of 18.63 and a beta of 0.06.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last posted its quarterly earnings results on Thursday, March 12th. The financial services provider reported $0.25 EPS for the quarter. The business had revenue of $1.34 million during the quarter.

About Income Opportunity Realty Investors

Income Opportunity Realty Investors, Inc is a real estate investment trust organized in October 2001 that focuses on owning, acquiring and managing income-producing retail properties. The company’s portfolio primarily consists of grocery-anchored, multi-tenant retail shopping centers and strip retail centers designed to serve everyday consumer needs.

The REIT seeks out properties with solid cash flows and creditworthy anchor tenants, such as grocery and pharmacy operators, in small to mid-sized markets across the United States.