Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) Short Interest Down 27.8% in February

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 1,300 shares, a decline of 27.8% from the January 31st total of 1,800 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 1.1 days.

Income Opportunity Realty Investors Stock Performance

Shares of NYSEAMERICAN IOR traded up $0.63 during midday trading on Tuesday, reaching $17.83. 310 shares of the stock traded hands, compared to its average volume of 1,635. The company has a market capitalization of $72.57 million, a P/E ratio of 12.21 and a beta of 0.15. Income Opportunity Realty Investors has a one year low of $15.00 and a one year high of $19.00.

Insider Buying and Selling

In other Income Opportunity Realty Investors news, major shareholder Realty Invest Transcontinental purchased 21,678 shares of Income Opportunity Realty Investors stock in a transaction dated Wednesday, January 29th. The stock was purchased at an average price of $18.00 per share, with a total value of $390,204.00. Following the transaction, the insider now directly owns 3,403,248 shares of the company’s stock, valued at $61,258,464. This trade represents a 0.64 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 83.16% of the stock is currently owned by company insiders.

About Income Opportunity Realty Investors

Income Opportunity Realty Investors, Inc, a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real estate through direct equity ownership and partnerships.