The InterGroup Co. (NASDAQ:INTG) Short Interest Update

The InterGroup Co. (NASDAQ:INTG) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 5,800 shares, a growth of 5.5% from the October 31st total of 5,500 shares. Based on an average daily trading volume, of 8,100 shares, the short-interest ratio is presently 0.7 days. Currently, 0.9% of the shares of the company are short sold.

Institutional Trading of The InterGroup

A hedge fund recently raised its stake in The InterGroup stock. PFG Investments LLC increased its stake in shares of The InterGroup Co. (NASDAQ:INTG) by 3.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,990 shares of the financial services provider’s stock after purchasing an additional 11,302 shares during the quarter. PFG Investments LLC owned approximately 15.64% of The InterGroup worth $5,280,000 at the end of the most recent reporting period. Institutional investors own 3.36% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of The InterGroup from a “sell” rating to a “hold” rating in a report on Friday, November 22nd.

The InterGroup Stock Down 1.9 %

Shares of The InterGroup stock opened at $14.34 on Thursday. The InterGroup has a twelve month low of $13.10 and a twelve month high of $26.68. The company has a 50-day simple moving average of $14.59 and a two-hundred day simple moving average of $18.08. The stock has a market capitalization of $31.12 million, a price-to-earnings ratio of -3.58 and a beta of 0.28.

The InterGroup (NASDAQ:INTG) last issued its quarterly earnings data on Monday, September 30th. The financial services provider reported ($1.70) earnings per share for the quarter. The business had revenue of $13.43 million for the quarter.

About The InterGroup

The InterGroup Corporation, through its subsidiaries, operates a hotel under the Hilton San Francisco Financial District name located in San Francisco, California. The company operates through three segments: Hotel Operations, Real Estate Operations, and Investment Transactions. Its hotel consists of guest rooms and luxury suites, a restaurant, a lounge, a private dining room, meeting room space, a gym, a grand ballroom, 5-level underground parking garage, a pedestrian bridge, and a Chinese culture center.