Gyrodyne, LLC (NASDAQ:GYRO) Sees Large Increase in Short Interest

Gyrodyne, LLC (NASDAQ:GYRO) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 700 shares, an increase of 250.0% from the March 15th total of 200 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 700 shares, the days-to-cover ratio is currently 1.0 days.

Gyrodyne Stock Performance

NASDAQ GYRO opened at $7.84 on Thursday. The stock has a 50 day moving average of $8.40 and a 200-day moving average of $9.06. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.78 and a quick ratio of 1.78. Gyrodyne has a 12 month low of $6.80 and a 12 month high of $11.96.

About Gyrodyne

Gyrodyne, LLC owns and manages a diversified portfolio of real estate properties comprising office, industrial and service-oriented properties in the New York metropolitan area. Gyrodyne owns a 63 acre site approximately 50 miles east of New York City on the north shore of Long Island, which includes industrial and office buildings and undeveloped property which is the subject of plans to seek value-enhancing entitlements.