Innovative Industrial Properties Inc’s filing revealed that its Director Stecher David unloaded Company’s shares for reported $0.54 million on Mar 03 ’25. In the deal valued at $70.55 per share,7,599 shares were sold. As a result of this transaction, Stecher David now holds 1,346 shares worth roughly $79279.4.
Then, Stecher David bought 7,599 shares, generating $550,928 in total proceeds.
A number of analysts have revised their coverage, including Compass Point’s analysts, who decreased its forecast for the stock in late March from “a Neutral” to “a Sell”. BTIG Research also remained covering IIPR and has decreased its forecast on December 23, 2024 with a “Neutral” recommendation from previously “Buy” rating. Piper Sandler revised its rating on December 20, 2024. It rated IIPR as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of IIPR
On Tuesday, Innovative Industrial Properties Inc [NYSE:IIPR] saw its stock jump 1.17% to $58.9. Over the last five days, the stock has gained 2.90%. Innovative Industrial Properties Inc shares have fallen nearly -45.81% since the year began. Nevertheless, the stocks have fallen -11.61% over the past one year. While a 52-week high of $138.35 was reached on 02/14/25, a 52-week low of $45.44 was recorded on 04/09/25.
Levels Of Support And Resistance For IIPR Stock
The 24-hour chart illustrates a support level at 58.36, which if violated will result in even more drops to 57.82. On the upside, there is a resistance level at 59.47. A further resistance level may holdings at 60.04.
How much short interest is there in Innovative Industrial Properties Inc?
A steep rise in short interest was recorded in Innovative Industrial Properties Inc stocks on 2025-05-30, dropping by -0.1 million shares to a total of 1.71 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 1.81 million shares. There was a decline of -5.96%, which implies that there is a negative sentiment for the stock.
