Capital Properties Inc. (OTCMKTS:CPTP) Sees Significant Decline in Short Interest

Capital Properties Inc. (OTCMKTS:CPTP) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 138 shares, a decline of 63.9% from the May 14th total of 382 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 199 shares, the short-interest ratio is currently 0.7 days.

Capital Properties Price Performance

Shares of OTCMKTS CPTP opened at $14.75 on Friday. The company has a market cap of $97.35 million, a P/E ratio of 47.58 and a beta of 0.32. Capital Properties has a 12 month low of $10.00 and a 12 month high of $15.95. The business’s 50 day moving average is $14.45 and its two-hundred day moving average is $13.49.

Capital Properties (OTCMKTS:CPTP) last released its quarterly earnings data on Monday, May 4th. The company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $1.47 million for the quarter. Capital Properties had a return on equity of 32.88% and a net margin of 43.76%.

Capital Properties Company Profile

Capital Properties, Inc, together with its subsidiaries, engages in leasing land in downtown Providence, Rhode Island under long-term ground leases. It owns approximately 18 acres in the Capital Center consisting of 13 individual parcels; leases the undeveloped parcels of land adjacent to the Capital Center for public parking purposes; and leases 23 outdoor advertising locations containing 44 billboard faces along interstate and primary highways in Rhode Island and Massachusetts. The company was formerly known as Providence and Worcester Company and changed its name to Capital Properties, Inc in July 1984.