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

Generation Income Properties, Inc. (NASDAQ:GIPR) was the recipient of a large drop in short interest in January. As of January 30th, there was short interest totaling 128,686 shares, a drop of 20.5% from the January 15th total of 161,926 shares. Currently, 2.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 63,097 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily trading volume, of 63,097 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.5% of the shares of the stock are sold short.

Generation Income Properties Price Performance

GIPR traded up $0.05 during trading on Friday, hitting $0.59. 49,621 shares of the stock traded hands, compared to its average volume of 49,284. The firm has a market capitalization of $3.23 million, a P/E ratio of -0.32 and a beta of 0.01. Generation Income Properties has a 12-month low of $0.54 and a 12-month high of $2.06. The firm has a 50-day moving average of $0.75 and a 200 day moving average of $0.98.

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

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Generation Income Properties in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Trading of Generation Income Properties

An institutional investor recently raised its position in Generation Income Properties stock. Gator Capital Management LLC raised its stake in shares of Generation Income Properties, Inc. (NASDAQ:GIPR) by 17.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 267,769 shares of the company’s stock after buying an additional 39,126 shares during the quarter. Gator Capital Management LLC owned about 4.91% of Generation Income Properties worth $247,000 at the end of the most recent quarter. 20.72% of the stock is owned by institutional investors.

Generation Income Properties Company Profile

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.