Frp Holdings Inc (NASDAQ:FRPH) Just Reported Increased Shorts

July 27, 2018 - By Vernon Prom

The stock of Frp Holdings Inc (NASDAQ:FRPH) registered an increase of 6.39% in short interest. FRPH’s total short interest was 116,600 shares in July as published by FINRA. Its up 6.39% from 109,600 shares, reported previously. With 24,300 shares average volume, it will take short sellers 5 days to cover their FRPH’s short positions. The short interest to Frp Holdings Inc’s float is 1.75%.

The stock increased 0.64% or $0.4 during the last trading session, reaching $62.45. About 13,607 shares traded. FRP Holdings, Inc. (NASDAQ:FRPH) has risen 34.97% since July 27, 2017 and is uptrending. It has outperformed by 22.40% the S&P500.

FRP Holdings, Inc., through its subsidiaries, engages in various real estate businesses in the United States. The company has market cap of $625.42 million. It operates in Asset Management, Mining Royalty Land, and Land Development and Construction divisions. It has a 15 P/E ratio. The Asset Management segment owns, leases, and manages warehouses and office buildings located primarily in the Baltimore, Northern Virginia, and Washington, DC market areas.

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