Capital Properties Inc. (OTCMKTS:CPTP) Sees Large Drop in Short Interest

Capital Properties Inc. (OTCMKTS:CPTP) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 131 shares, a decrease of 69.7% from the December 31st total of 432 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 4,754 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 4,754 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Capital Properties Price Performance

Shares of CPTP opened at $13.35 on Wednesday. The firm has a fifty day moving average price of $12.42 and a 200 day moving average price of $11.68. The stock has a market cap of $88.11 million, a PE ratio of 60.68 and a beta of 0.31. Capital Properties has a 1-year low of $8.89 and a 1-year high of $14.00.

Capital Properties (OTCMKTS:CPTP) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.10 EPS for the quarter. The firm had revenue of $1.46 million for the quarter.

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. The company was formerly known as Providence and Worcester Company and changed its name to Capital Properties, Inc in July 1984.