Short Interest in American Shared Hospital Services (NYSEAMERICAN:AMS) Declines By 75.1%

American Shared Hospital Services (NYSEAMERICAN:AMS) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 11,622 shares, a decrease of 75.1% from the August 15th total of 46,765 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 10,052 shares, the short-interest ratio is currently 1.2 days.

Insider Buying and Selling at American Shared Hospital Services

In related news, Chairman Raymond C. Stachowiak acquired 586,468 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were purchased at an average cost of $2.28 per share, with a total value of $1,337,147.04. Following the completion of the transaction, the chairman owned 586,468 shares of the company’s stock, valued at approximately $1,337,147.04. This trade represents a ? increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 25.80% of the stock is owned by corporate insiders.

Institutional Trading of 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 American Shared Hospital Services (NYSEAMERICAN:AMS) during the 4th quarter, according to the company in its most recent filing with the Securities and 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 reporting period. Institutional investors and hedge funds own 23.16% of the company’s stock.

American Shared Hospital Services Price Performance

AMS traded up $0.00 during midday trading on Friday, hitting $1.47. 6,873 shares of the company’s stock traded hands, compared to its average volume of 10,920. The company has a market cap of $9.81 million, a PE ratio of -5.90 and a beta of 0.30. The stock’s fifty day simple moving average is $1.48 and its 200-day simple moving average is $1.57. American Shared Hospital Services has a one year low of $1.25 and a one year high of $3.11.

American Shared Hospital Services (NYSEAMERICAN:AMS) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.05). The company had revenue of $8.43 million during the quarter, compared to the consensus estimate of $7.56 million. American Shared Hospital Services had a negative net margin of 5.83% and a negative return on equity of 6.52%. On average, research analysts expect that American Shared Hospital Services will post -0.05 EPS for the current year.

American Shared Hospital Services Company Profile

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.