Portsmouth Square, Inc. (OTCMKTS:PRSI) Short Interest Update

Portsmouth Square, Inc. (OTCMKTS:PRSI) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 3 shares, a decline of 97.9% from the November 30th total of 143 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 17 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 17 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Portsmouth Square Price Performance

Shares of Portsmouth Square stock traded down $0.05 during midday trading on Wednesday, reaching $5.95. The company had a trading volume of 113 shares, compared to its average volume of 171. The stock has a fifty day moving average price of $4.49 and a 200 day moving average price of $3.06. Portsmouth Square has a fifty-two week low of $1.75 and a fifty-two week high of $6.00.

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