Portsmouth Square, Inc. (OTCMKTS:PRSI) Short Interest Up 1,566.7% in December

Portsmouth Square, Inc. (OTCMKTS:PRSI) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 50 shares, a growth of 1,566.7% from the December 15th total of 3 shares. Based on an average daily volume of 388 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 388 shares, the short-interest ratio is currently 0.1 days.

Portsmouth Square Stock Down 17.6%

Shares of OTCMKTS:PRSI traded down $1.71 on Monday, reaching $8.00. 200 shares of the company traded hands, compared to its average volume of 122. The business’s 50-day simple moving average is $5.61 and its 200 day simple moving average is $3.61. Portsmouth Square has a 52 week low of $1.80 and a 52 week high of $9.71.

Portsmouth Square (OTCMKTS:PRSI) last posted its quarterly earnings results on Wednesday, November 12th. The company reported ($3.52) earnings per share (EPS) for the quarter. The company had revenue of $12.42 million during the quarter.

Portsmouth Square Company Profile

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.