Short Interest in American Strategic Investment Co. (NYSE:NYC) Declines By 19.3%

American Strategic Investment Co. (NYSE:NYC) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totaling 1,302 shares, a decrease of 19.3% from the March 31st total of 1,614 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,379 shares, the days-to-cover ratio is presently 0.5 days.

American Strategic Investment Trading Down 0.4%

NYC stock traded down $0.03 during mid-day trading on Friday, reaching $8.00. The company had a trading volume of 1,868 shares, compared to its average volume of 1,997. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.03 and a quick ratio of 0.03. The company has a market capitalization of $21.52 million, a PE ratio of -0.91 and a beta of 0.20. The firm has a 50 day moving average of $8.34 and a 200 day moving average of $8.64. American Strategic Investment has a 12 month low of $7.03 and a 12 month high of $16.30.

American Strategic Investment (NYSE:NYC) last issued its earnings results on Wednesday, April 15th. The company reported ($2.62) EPS for the quarter, missing analysts’ consensus estimates of ($1.72) by ($0.90). The company had revenue of $6.48 million during the quarter, compared to the consensus estimate of $14.39 million. American Strategic Investment had a negative return on equity of 105.28% and a negative net margin of 48.97%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of American Strategic Investment in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

American Strategic Investment Company Profile

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