Short Interest in Capital Properties Inc. (OTCMKTS:CPTP) Declines By 44.6%

by · The Markets Daily

Capital Properties Inc. (OTCMKTS:CPTP – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 382 shares, a decrease of 44.6% from the April 30th total of 689 shares. Based on an average daily volume of 60 shares, the short-interest ratio is presently 6.4 days. Approximately 0.0% of the company’s shares are short sold.

Capital Properties Stock Performance

Shares of CPTP stock opened at $14.75 on Tuesday. Capital Properties has a one year low of $9.92 and a one year high of $15.95. The company has a 50 day moving average price of $14.30 and a 200 day moving average price of $13.31. The firm has a market capitalization of $97.35 million, a price-to-earnings ratio of 47.58 and a beta of 0.32.

Capital Properties (OTCMKTS:CPTP – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The company reported $0.09 EPS for the quarter. Capital Properties had a net margin of 43.76% and a return on equity of 32.88%. The firm had revenue of $1.47 million during the quarter.

Capital Properties Company Profile

(Get Free Report)

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.

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