Equus Total Return, Inc. (NYSE:EQS) Sees Significant Drop in Short Interest

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

Equus Total Return Trading Up 3.6%

Shares of NYSE EQS traded up $0.04 during trading hours on Monday, hitting $1.01. The company’s stock had a trading volume of 302 shares, compared to its average volume of 10,910. Equus Total Return has a 12 month low of $0.98 and a 12 month high of $2.49. The stock has a market cap of $14.18 million, a price-to-earnings ratio of -0.72 and a beta of 0.11. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.11 and a current ratio of 2.11. The business has a 50-day simple moving average of $1.11 and a 200-day simple moving average of $1.31.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of 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, Equus Total Return presently has a consensus rating of “Sell”.

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.