American Strategic Investment Co. (NYSE:NYC) Short Interest Up 187.2% in January

American Strategic Investment Co. (NYSE:NYC) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 6,594 shares, a growth of 187.2% from the December 31st total of 2,296 shares. Based on an average daily trading volume, of 5,971 shares, the short-interest ratio is presently 1.1 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 5,971 shares, the short-interest ratio is presently 1.1 days.

American Strategic Investment Stock Performance

Shares of NYC opened at $11.38 on Thursday. The firm has a market capitalization of $30.37 million, a P/E ratio of -1.30 and a beta of 0.19. American Strategic Investment has a 52 week low of $7.03 and a 52 week high of $16.30. The stock has a 50 day moving average price of $8.52 and a two-hundred day moving average price of $9.97. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.04 and a current ratio of 0.04.

American Strategic Investment (NYSE:NYC) last announced its earnings results on Wednesday, November 19th. The company reported ($3.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.76) by ($1.47). The company had revenue of $12.27 million for the quarter, compared to analysts’ expectations of $14.26 million. American Strategic Investment had a negative net margin of 40.92% and a negative return on equity of 97.07%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of American Strategic Investment in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

About American Strategic Investment

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