In a filing, Innovative Industrial Properties Inc revealed 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 $72670.54000000001.
Then, Stecher David bought 7,599 shares, generating $550,928 in total proceeds.
Wolfe Research downgraded its Innovative Industrial Properties Inc [IIPR] rating to a Peer perform from a an Outperform in a research note published recently. Compass Point also remained covering IIPR and has decreased its forecast on March 31, 2025 with a “Sell” recommendation from previously “Neutral” rating. BTIG Research revised its rating on December 23, 2024. It rated IIPR as “a Neutral” which previously was an “a Buy”.
Price Performance Review of IIPR
On Tuesday, Innovative Industrial Properties Inc [NYSE:IIPR] saw its stock fall -3.98% to $53.99. Over the last five days, the stock has lost -2.67%. Innovative Industrial Properties Inc shares have fallen nearly -52.95% since the year began. Nevertheless, the stocks have fallen -18.98% 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 53.09, which if violated will result in even more drops to 52.20. On the upside, there is a resistance level at 55.69. A further resistance level may holdings at 57.40.
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 2025-06-13, growing by 81430.0 shares to a total of 1.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.71 million shares. There was a rise of 4.55%, which implies that there is a positive sentiment for the stock.