Highlands REIT, Inc. (OTCMKTS:HHDS) Sees Large Drop in Short Interest

Highlands REIT, Inc. (OTCMKTS:HHDSGet Free Report) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,296 shares, a decrease of 88.5% from the January 29th total of 11,296 shares. Based on an average daily volume of 9,816 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 9,816 shares, the short-interest ratio is currently 0.1 days.

Highlands REIT Price Performance

Shares of OTCMKTS HHDS traded up $0.00 during trading on Wednesday, hitting $0.02. The company had a trading volume of 33,369 shares, compared to its average volume of 7,304. The company has a market cap of $14.80 million, a P/E ratio of 1.93 and a beta of 17.56. Highlands REIT has a 52 week low of $0.01 and a 52 week high of $0.90. The business’s 50-day moving average is $0.05 and its 200 day moving average is $0.06. The company has a debt-to-equity ratio of 0.62, a quick ratio of 3.17 and a current ratio of 3.17.

About Highlands REIT

(Get Free Report)

We are a self-advised and self-administered real estate investment trust (REIT) created to own and manage substantially all of the non-core investment properties previously owned and managed by our former parent, InvenTrust Properties Corp., a Maryland corporation (InvenTrust). On April 28, 2016, we were spun-off from InvenTrust through a pro rata distribution (the Distribution) by InvenTrust of 100% of the outstanding shares of our common stock to holders of InvenTrust's common stock. Prior to or concurrent with the separation, we and InvenTrust engaged in certain reorganization transactions that were designed to consolidate substantially all of InvenTrust's remaining non-core investment properties in Highlands.

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