Short Interest in Equus Total Return, Inc. (NYSE:EQS) Drops By 59.6%

Equus Total Return, Inc. (NYSE:EQS) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 383 shares, a decline of 59.6% from the August 15th total of 948 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 8,275 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Equus Total Return from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Equus Total Return Price Performance

Shares of EQS opened at $0.98 on Friday. Equus Total Return has a fifty-two week low of $0.98 and a fifty-two week high of $2.49. The firm’s 50 day moving average price is $1.12 and its 200 day moving average price is $1.31. The company has a market cap of $13.69 million, a P/E ratio of -0.70 and a beta of 0.11. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.14.

Equus Total Return (NYSE:EQS) last issued its quarterly earnings results on Friday, August 14th. The investment management company reported ($0.01) EPS for the quarter. The business had revenue of $0.32 million during the quarter. Equus Total Return had a negative net margin of 1,408.24% and a negative return on equity of 14.25%.

About Equus Total Return

Equus Total Return, Inc (NYSE:EQS) is a publicly registered, non-traded real estate investment trust (REIT) that focuses on acquiring, managing and repositioning income-producing commercial properties. The company seeks to generate long-term total returns through a combination of current income and capital appreciation by targeting corporate-leased office, industrial and retail assets with value-add potential. Equus Total Return operates with the flexibility to pursue core-plus and opportunistic investment strategies across multiple property types and markets.

The REIT’s portfolio spans major metropolitan regions across the United States, including dense urban markets along the East Coast, growth corridors in Texas and established industrial hubs in the Midwest and West Coast.