Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) Short Interest Update

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IORGet Free Report) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,500 shares, an increase of 15.4% from the February 29th total of 1,300 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Income Opportunity Realty Investors stock. Millennium Management LLC lifted its holdings in shares of Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IORFree Report) by 6.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,022 shares of the financial services provider’s stock after purchasing an additional 1,385 shares during the quarter. Millennium Management LLC owned 0.53% of Income Opportunity Realty Investors worth $285,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.08% of the company’s stock.

Income Opportunity Realty Investors Stock Performance

Income Opportunity Realty Investors stock remained flat at $16.74 during trading hours on Tuesday. 21 shares of the company’s stock traded hands, compared to its average volume of 820. The company has a market cap of $68.80 million, a PE ratio of 9.96 and a beta of 0.22. Income Opportunity Realty Investors has a 52-week low of $10.75 and a 52-week high of $17.82.

Income Opportunity Realty Investors (NYSEAMERICAN:IORGet Free Report) last announced its earnings results on Thursday, March 21st. The financial services provider reported $0.60 EPS for the quarter.

About Income Opportunity Realty Investors

(Get Free Report)

Income Opportunity Realty Investors, Inc, a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real estate through direct equity ownership and partnerships.

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