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

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

Analyst Upgrades and Downgrades

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

Generation Income Properties Trading Up 1.1%

Shares of GIPR traded up $0.01 during mid-day trading on Friday, reaching $0.74. The company had a trading volume of 24,819 shares, compared to its average volume of 71,173. The company’s 50 day simple moving average is $0.86 and its 200 day simple moving average is $1.09. Generation Income Properties has a 1-year low of $0.63 and a 1-year high of $2.06.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Generation Income Properties stock. Gator Capital Management LLC boosted its position in 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 & Exchange Commission. The institutional investor owned 228,643 shares of the company’s stock after purchasing an additional 24,443 shares during the period. Gator Capital Management LLC owned 4.20% of Generation Income Properties worth $334,000 at the end of the most recent quarter. 20.72% of the stock is currently owned by institutional investors.

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.