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

Capital Properties Inc. (OTCMKTS:CPTP) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 344 shares, an increase of 162.6% from the January 29th total of 131 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,713 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 3,713 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Capital Properties Stock Performance

Shares of CPTP stock opened at $13.49 on Friday. The company’s fifty day moving average price is $13.11 and its 200-day moving average price is $11.98. The stock has a market cap of $89.03 million, a PE ratio of 61.32 and a beta of 0.31. Capital Properties has a 12 month low of $8.89 and a 12 month high of $14.00.

About Capital Properties

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.