What’s Ahead for ZONED PROPERTIES INC (OTCMKTS:ZDPY) After More Shorted Shares?

June 16, 2018 - By Adrian Mccoy

The stock of ZONED PROPERTIES INC (OTCMKTS:ZDPY) registered an increase of 179.31% in short interest. ZDPY’s total short interest was 8,100 shares in June as published by FINRA. Its up 179.31% from 2,900 shares, reported previously. With 52,300 shares average volume, it will take short sellers 0 days to cover their ZDPY’s short positions. The short interest to ZONED PROPERTIES INC’s float is 0.09%.

The stock 0.01% or $0 during the last trading session, reaching $0.73. It is down 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Zoned Properties, Inc., a real estate development firm, engages in operating, leasing, and managing commercial properties in the United States. The company has market cap of $12.73 million. The firm primarily focuses on the properties within the medical marijuana industry. It has a 10.43 P/E ratio. It offers project development and management services, including architectural design and subsequent build-outs, general support, landscaping, general up-keep, facilities management, and security system services.

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