Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) Short Interest Up 193.2% in February

Key Points

• Short interest up 193.2% — Short interest rose to 302 shares as of Feb 27 from 103 on Feb 12, producing a days-to-cover of 0.1 days while reported shorted shares remain 0.0% of the float.
• Stock traded down 7.6% — IOR fell $1.44 to $17.56 on light volume (464 shares vs. average ~2,455), and the company has a market cap of $71.47M with a P/E of 17.56.
• Business focus — Income Opportunity Realty Investors is a REIT that owns and manages grocery-anchored, multi-tenant retail shopping centers targeting stable cash flows from creditworthy anchor tenants.

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR - Get Free Report) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 302 shares, a growth of 193.2% from the February 12th total of 103 shares. Based on an average daily trading volume, of 2,840 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,840 shares, the days-to-cover ratio is presently 0.1 days.

Income Opportunity Realty Investors Trading Down 7.6%

NYSEAMERICAN IOR traded down $1.44 on Wednesday, hitting $17.56. 464 shares of the company were exchanged, compared to its average volume of 2,455. Income Opportunity Realty Investors has a 1-year low of $16.10 and a 1-year high of $19.69. The firm has a 50 day moving average of $18.48 and a two-hundred day moving average of $18.33. The company has a market cap of $71.47 million, a P/E ratio of 17.56 and a beta of 0.03.

Income Opportunity Realty Investors Company Profile

Income Opportunity Realty Investors, Inc is a real estate investment trust organized in October 2001 that focuses on owning, acquiring and managing income-producing retail properties. The company's portfolio primarily consists of grocery-anchored, multi-tenant retail shopping centers and strip retail centers designed to serve everyday consumer needs.

The REIT seeks out properties with solid cash flows and creditworthy anchor tenants, such as grocery and pharmacy operators, in small to mid-sized markets across the United States.

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