American Shared Hospital Services (NYSEAMERICAN:AMS) Short Interest Update

American Shared Hospital Services (NYSEAMERICAN:AMS) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 53,055 shares, a decline of 53.1% from the June 30th total of 113,059 shares. Based on an average daily volume of 52,793 shares, the short-interest ratio is currently 1.0 days. Approximately 1.1% of the company’s shares are short sold.

American Shared Hospital Services Stock Down 4.6%

NYSEAMERICAN AMS traded down $0.07 during trading on Thursday, reaching $1.46. 7,117 shares of the stock traded hands, compared to its average volume of 32,815. American Shared Hospital Services has a fifty-two week low of $1.25 and a fifty-two week high of $3.11. The firm has a market cap of $9.67 million, a price-to-earnings ratio of -6.64 and a beta of 0.30. The stock’s 50-day moving average price is $1.46 and its 200 day moving average price is $1.72.

American Shared Hospital Services (NYSEAMERICAN:AMS) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.08). American Shared Hospital Services had a negative return on equity of 5.51% and a negative net margin of 5.30%.The business had revenue of $7.08 million during the quarter, compared to the consensus estimate of $6.87 million. Analysts anticipate that American Shared Hospital Services will post -0.05 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Chairman Raymond C. Stachowiak acquired 586,468 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was purchased at an average cost of $2.28 per share, with a total value of $1,337,147.04. Following the acquisition, the chairman owned 586,468 shares of the company’s stock, valued at $1,337,147.04. This trade represents a ? increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 25.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On American Shared Hospital Services

A hedge fund recently bought a new stake in American Shared Hospital Services stock. DRW Securities LLC bought a new position in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned 0.77% of American Shared Hospital Services at the end of the most recent quarter. Institutional investors own 23.16% of the company’s stock.

About American Shared Hospital Services

American Shared Hospital Services operates as a specialized healthcare services company focused on delivering diagnostic imaging solutions to community and rural hospitals across the United States. Through strategic joint ventures and management agreements, the company collaborates with hospital partners to develop and operate outpatient imaging centers that provide advanced modalities while sharing the capital and operating costs. By partnering directly with hospitals, American Shared Hospital Services enables facility owners to offer in-house diagnostic capabilities without the burden of full operational oversight and significant equipment investment.

The company’s service portfolio encompasses a wide range of imaging technologies, including magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography/computed tomography (PET/CT), mammography, ultrasound, bone densitometry (DEXA) and nuclear medicine.