GIP: Generation Income Properties, Inc. (NASDAQ:GIPR) Short Interest Up 46.0% in September

Generation Income Properties, Inc. ( NASDAQ:GIPR - Get Free Report ) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 14,600 shares, an increase of 46.0% from the August 31st total of 10,000 shares. Based on an average daily volume of 34,800 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the shares of the stock are sold short. Hedge Funds Weigh In On Generation Income Properties A hedge fund recently bought a new stake in Generation Income Properties stock. Renaissance Technologies LLC bought a new position in Generation Income Properties, Inc. ( NASDAQ:GIPR - Free Report ) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 28,600 shares of the company's stock, valued at approximately $117,000. Renaissance Technologies LLC owned 0.53% of Generation Income Properties as of its most recent SEC filing. 20.72% of the stock is currently owned by institutional investors and hedge funds. Generation Income Properties Price Performance Shares of NASDAQ GIPR traded up $0.06 during mid-day trading on Friday, reaching $2.22. The company had a trading volume of 20,048 shares, compared to its average volume of 31,389. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 6.53. The stock has a market cap of $12.04 million, a PE ratio of -0.86 and a beta of -0.12. The company has a 50-day moving average price of $2.38 and a two-hundred day moving average price of $3.42. Generation Income Properties has a 1-year low of $1.93 and a 1-year high of $4.64. Analysts Set New Price Targets Separately, Maxim Group reiterated a "hold" rating on shares of Generation Income Properties in a research report on Thursday, June 6th. Check Out Our Latest Stock Analysis on GIPR About Generation Income Properties ( Get Free Report ) Generation Income Properties, Inc, located in Tampa, Florida, is an internally managed real estate investment trust formed to acquire and own, directly and jointly, real estate investments focused on retail, office, and industrial net lease properties in densely populated submarkets. Featured Articles Five stocks we like better than Generation Income Properties Why Invest in High-Yield Dividend Stocks? Simon Property REIT: A Safe Bet for Growth and Steady Dividends Best Stocks Under $10.00 CarMax's Impressive Rally: What Investors Should Watch Next What is Put Option Volume? MarketBeat Week in Review - 9/23 - 9/27 Receive News & Ratings for Generation Income Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Generation Income Properties and related companies with MarketBeat.com's FREE daily email newsletter .