Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) Sees Significant Decrease in Short Interest

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR - Get Free Report) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 1,300 shares, a decrease of 27.8% from the January 31st total of 1,800 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is presently 1.1 days. Approximately 0.3% of the shares of the stock are short sold.

Income Opportunity Realty Investors Stock Performance

Shares of Income Opportunity Realty Investors stock traded up $0.28 on Monday, reaching $17.48. The company had a trading volume of 502 shares, compared to its average volume of 1,635. The stock has a market cap of $71.12 million, a price-to-earnings ratio of 11.97 and a beta of 0.15. Income Opportunity Realty Investors has a 1 year low of $15.00 and a 1 year high of $19.00.

Insider Transactions at Income Opportunity Realty Investors

In other news, major shareholder Realty Invest Transcontinental purchased 21,678 shares of the business's stock in a transaction on Wednesday, January 29th. The stock was acquired at an average price of $18.00 per share, for a total transaction of $390,204.00. Following the acquisition, the insider now directly owns 3,403,248 shares of the company's stock, valued at $61,258,464. This represents a 0.64 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 83.16% of the company's stock.

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.