Portsmouth Square, Inc. (OTCMKTS:PRSI) Sees Large Decrease in Short Interest

Portsmouth Square, Inc. (OTCMKTS:PRSI) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 1 shares, a decline of 98.0% from the March 31st total of 51 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 138 shares, the days-to-cover ratio is currently 0.0 days.

Portsmouth Square Stock Performance

OTCMKTS:PRSI opened at $5.90 on Friday. Portsmouth Square has a 52-week low of $1.81 and a 52-week high of $9.71. The business’s fifty day moving average is $6.50 and its 200 day moving average is $6.03. The firm has a market cap of $4.33 million, a price-to-earnings ratio of -0.54 and a beta of -0.13.

Portsmouth Square (OTCMKTS:PRSI) last issued its quarterly earnings data on Thursday, February 12th. The company reported ($3.12) EPS for the quarter. The company had revenue of $12.66 million for the quarter.

About Portsmouth Square

Portsmouth Square, Inc (OTCMKTS: PRSI) is a Delaware‐incorporated holding company focused on the acquisition, development and licensing of intangible assets. The firm’s primary business activity involves assembling a portfolio of intellectual property rights and related digital assets with the goal of generating revenue through strategic licensing and commercialization agreements.

The company’s intangible asset holdings have historically included patents and proprietary technologies that support digital media distribution, interactive content delivery and e-commerce platforms.