Short Interest in Capital Properties Inc. (OTCMKTS:CPTP) Increases By 100.0%

Key Points

• Short interest in Capital Properties Inc. (OTCMKTS:CPTP) increased by 100.0% in September, reaching a total of 200 shares as of September 15th.
• The company reported $0.12 earnings per share for the quarter with revenue of $1.64 million, during its last earnings announcement on August 1st.
• Capital Properties announced a $0.07 dividend with a high yield of 250.0%, which was paid out on August 22nd.

Capital Properties Inc. (OTCMKTS:CPTP - Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 200 shares, a growth of 100.0% from the August 31st total of 100 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 0.1 days.

Capital Properties Stock Performance

OTCMKTS CPTP remained flat at $10.70 during midday trading on Friday. The company has a fifty day moving average of $11.06 and a 200 day moving average of $10.48. Capital Properties has a fifty-two week low of $8.89 and a fifty-two week high of $11.60.

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

Capital Properties Announces Dividend

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

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.

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