American Strategic Investment Co. (NYSE:NYC) Short Interest Update

American Strategic Investment Co. (NYSE:NYC) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 2,301 shares, a decrease of 65.1% from the January 15th total of 6,594 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 6,814 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 6,814 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of American Strategic Investment in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

American Strategic Investment Stock Performance

Shares of NYSE NYC traded down $0.53 during mid-day trading on Friday, hitting $8.27. The company had a trading volume of 1,691 shares, compared to its average volume of 4,678. American Strategic Investment has a 12 month low of $7.03 and a 12 month high of $16.30. The stock has a market cap of $22.08 million, a price-to-earnings ratio of -0.94 and a beta of 0.24. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.04 and a quick ratio of 0.04. The firm’s 50 day simple moving average is $8.96 and its two-hundred day simple moving average is $9.60.

American Strategic Investment (NYSE:NYC) last posted its earnings results on Wednesday, November 19th. The company reported ($3.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.76) by ($1.47). The firm had revenue of $12.27 million for the quarter, compared to analyst estimates of $14.26 million. American Strategic Investment had a negative net margin of 40.92% and a negative return on equity of 97.07%.

About American Strategic Investment

American Strategic Investment Co (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.