Short Interest in Generation Income Properties, Inc. (NASDAQ:GIPR) Declines By 35.4%

Generation Income Properties, Inc. (NASDAQ:GIPR) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 231,576 shares, a decrease of 35.4% from the December 15th total of 358,420 shares. Based on an average trading volume of 101,972 shares, the days-to-cover ratio is currently 2.3 days. Currently, 4.5% of the company’s stock are sold short. Currently, 4.5% of the company’s stock are sold short. Based on an average trading volume of 101,972 shares, the days-to-cover ratio is currently 2.3 days.

Institutional Trading of Generation Income Properties

An institutional investor recently raised its position in Generation Income Properties stock. Gator Capital Management LLC grew its stake in shares of Generation Income Properties, Inc. (NASDAQ:GIPR) by 12.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 228,643 shares of the company’s stock after acquiring an additional 24,443 shares during the period. Gator Capital Management LLC owned about 4.20% of Generation Income Properties worth $334,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 20.72% of the company’s stock.

Generation Income Properties Stock Up 1.1%

NASDAQ:GIPR traded up $0.01 during mid-day trading on Friday, reaching $0.74. 24,819 shares of the stock were exchanged, compared to its average volume of 71,173. The stock has a market capitalization of $4.05 million and a P/E ratio of -0.40. Generation Income Properties has a 1 year low of $0.63 and a 1 year high of $2.06. The company has a 50 day simple moving average of $0.86 and a 200-day simple moving average of $1.09.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Generation Income Properties in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

About Generation Income Properties

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.