Short Interest in CTO Realty Growth, Inc. (NYSE:CTO) Decreases By 14.3%

CTO Realty Growth, Inc. (NYSE:CTO) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 986,033 shares, a decrease of 14.3% from the January 15th total of 1,150,884 shares. Currently, 3.2% of the shares of the company are sold short. Based on an average daily volume of 238,324 shares, the days-to-cover ratio is currently 4.1 days. Based on an average daily volume of 238,324 shares, the days-to-cover ratio is currently 4.1 days. Currently, 3.2% of the shares of the company are sold short.

CTO Realty Growth Trading Up 1.2%

Shares of NYSE:CTO traded up $0.22 during mid-day trading on Tuesday, reaching $19.15. 237,837 shares of the company were exchanged, compared to its average volume of 249,366. The firm has a market cap of $619.89 million, a price-to-earnings ratio of -14.84 and a beta of 0.64. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.96 and a quick ratio of 3.96. CTO Realty Growth has a 1 year low of $15.06 and a 1 year high of $20.53. The firm’s 50-day simple moving average is $18.16 and its 200 day simple moving average is $17.23.

Wall Street Analyst Weigh In

CTO has been the topic of several recent analyst reports. JonesTrading reiterated a “buy” rating and issued a $21.00 target price on shares of CTO Realty Growth in a report on Wednesday, October 29th. Weiss Ratings upgraded CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. Zacks Research downgraded CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Finally, Cantor Fitzgerald upgraded CTO Realty Growth to a “strong-buy” rating in a report on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $21.50.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CTO. Clearstead Advisors LLC lifted its holdings in CTO Realty Growth by 231.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock worth $33,000 after buying an additional 1,250 shares in the last quarter. CIBC Private Wealth Group LLC purchased a new stake in shares of CTO Realty Growth during the third quarter worth $37,000. Signaturefd LLC raised its stake in shares of CTO Realty Growth by 200.1% in the fourth quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock valued at $44,000 after acquiring an additional 1,599 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in CTO Realty Growth by 51.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock valued at $63,000 after purchasing an additional 1,245 shares during the period. Finally, SG Americas Securities LLC acquired a new position in CTO Realty Growth during the 4th quarter worth $112,000. Institutional investors and hedge funds own 67.18% of the company’s stock.

About CTO Realty Growth

CTO Realty Growth, Inc is a publicly traded real estate investment trust (REIT) that specializes in single-tenant net lease properties. The company’s primary focus is on acquiring, owning and managing retail assets leased to creditworthy operators under long-term, triple-net lease agreements. By targeting essential retail segments, CTO Realty Growth seeks to generate stable, inflation-protected income streams while maintaining a disciplined investment approach.

The REIT’s portfolio is concentrated in convenience store and fuel service locations, with additional assets in other retail categories where net lease structures prevail.