Short Interest in American Strategic Investment Co. (NYSE:NYC) Grows By 187.2%

American Strategic Investment Co. (NYSE:NYC) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 6,594 shares, an increase of 187.2% from the December 31st total of 2,296 shares. Based on an average trading volume of 5,971 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 5,971 shares, the days-to-cover ratio is currently 1.1 days.

American Strategic Investment Trading Up 7.4%

NYSE NYC opened at $11.38 on Thursday. The stock has a market capitalization of $30.37 million, a P/E ratio of -1.30 and a beta of 0.19. The business has a 50 day simple moving average of $8.52 and a 200 day simple moving average of $9.97. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.04 and a quick ratio of 0.04. American Strategic Investment has a one year low of $7.03 and a one year high of $16.30.

American Strategic Investment (NYSE:NYC) last posted its quarterly 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 business had revenue of $12.27 million for the quarter, compared to the consensus estimate of $14.26 million. American Strategic Investment had a negative return on equity of 97.07% and a negative net margin of 40.92%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated 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, Based on data from MarketBeat, American Strategic Investment 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.