Short Interest in American Strategic Investment Co. (NYSE:NYC) Drops By 67.9%

American Strategic Investment Co. (NYSE:NYC) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 900 shares, a decline of 67.9% from the January 15th total of 2,800 shares. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

American Strategic Investment Stock Down 2.3 %

NYC stock traded down $0.26 during trading on Wednesday, hitting $10.99. The company had a trading volume of 8,296 shares, compared to its average volume of 5,532. American Strategic Investment has a 52-week low of $5.46 and a 52-week high of $11.25. The company has a 50 day simple moving average of $9.12 and a 200-day simple moving average of $8.96. The firm has a market capitalization of $29.22 million, a P/E ratio of -0.13 and a beta of 0.15.

American Strategic Investment (NYSE:NYC) last issued its earnings results on Tuesday, November 12th. The company reported ($2.62) EPS for the quarter, hitting analysts’ consensus estimates of ($2.62). The business had revenue of $15.45 million for the quarter, compared to analyst estimates of $15.71 million. American Strategic Investment had a negative net margin of 334.85% and a negative return on equity of 17.68%. During the same period last year, the company posted ($0.48) earnings per share.

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.