Optibase Ltd (NASDAQ:OBAS) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totalling 1,500 shares, a decrease of 44.4% from the May 30th total of 2,700 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is presently 1.5 days.

Optibase stock remained flat at $$11.40 during mid-day trading on Friday. 80 shares of the company traded hands, compared to its average volume of 435. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.27 and a quick ratio of 1.27. The stock’s 50 day moving average is $11.88. Optibase has a one year low of $7.55 and a one year high of $12.25.

Optibase (NASDAQ:OBAS) last issued its earnings results on Wednesday, May 29th. The financial services provider reported ($0.04) earnings per share for the quarter. The firm had revenue of $4.08 million during the quarter. Optibase had a negative return on equity of 3.07% and a negative net margin of 14.04%.

About Optibase

Optibase Ltd., together with its subsidiaries, operates in the fixed-income real estate sector in Switzerland, Germany, and the United States. The company purchases and operates real estate properties intended for leasing and resale primarily for the purpose of commercial, industrial, office space, parking garage, and warehouse use, as well as for residential purposes.

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