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Short Interest in Capital Properties Inc. (OTCMKTS:CPTP) Decreases By 50.0%

Key Points

  • Short interest in Capital Properties Inc. decreased by 50.0% in September, falling to just 100 shares from 200 shares.
  • The company reported $0.12 earnings per share with revenue of $1.64 million for the last quarter.
  • Capital Properties recently announced a $0.07 dividend, representing a significant yield of 250.0% for investors of record.
  • Interested in Capital Properties? Here are five stocks we like better.

Capital Properties Inc. (OTCMKTS:CPTP - Get Free Report) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 100 shares, a decline of 50.0% from the September 15th total of 200 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 2,900 shares, the short-interest ratio is currently 0.0 days.

Capital Properties Price Performance

OTCMKTS CPTP opened at $11.80 on Monday. The stock's 50-day moving average price is $11.12 and its 200-day moving average price is $10.63. Capital Properties has a 52 week low of $8.89 and a 52 week high of $11.80.

Capital Properties (OTCMKTS:CPTP - Get Free Report) last released its earnings results on Friday, August 1st. The company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $1.64 million during the quarter.

Capital Properties Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, August 22nd. Investors of record on Monday, August 18th were issued a $0.07 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a yield of 250.0%.

About Capital Properties

(Get Free Report)

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.

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