Income Opportunity Realty Investors, Inc. (NYSEAMERICAN: IOR – Get Rating) saw a significant drop in short-term interest rates in March. As of March 31, there was short interest totaling 100 shares, down 99.3% from the March 15 total of 14,100 shares. Based on an average daily volume of 8,400 shares, the day-to-cover ratio is currently 0.0 day. Approximately 0.0% of the company’s shares are sold short.
A hedge fund recently increased its stake in the shares of Income Opportunity Realty Investors. Millennium Management LLC increased its position in the shares of Income Opportunity Realty Investors, Inc. (NYSEAMERICAN: IOR – Get Rating) by 9.7% in Q3, according to the company in its latest 13F filing with the SEC. The fund held 28,348 shares of the financial services provider after buying an additional 2,503 shares during the quarter. Millennium Management LLC owned approximately 0.68% of Real Estate Investors of Income Opportunities worth $340,000 when last filed with the SEC. 0.73% of the shares are currently held by institutional investors and hedge funds.
IOR stock opened Thursday at $12.13. Income Opportunity Realty Investors has a 52 week low of $10.05 and a 52 week high of $16.99. The stock has a market capitalization of $50.58 million, a P/E ratio of 14.10 and a beta of 0.22.
Income Opportunities Real Estate Investors Company Profile (Get a rating)
Income Opportunity Realty Investors, Inc, a Dallas-based real estate investment firm, owns a portfolio of equity real estate in Texas, including undeveloped land. The Company invests in real estate through direct equity investments and partnerships. For more information, visit the company’s website at www. incomeopp-realty.com.
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