Short Interest in American Shared Hospital Services (NYSEAMERICAN:AMS) Decreases By 64.9%

American Shared Hospital Services (NYSEAMERICAN:AMS) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 3,806 shares, a decrease of 64.9% from the February 12th total of 10,842 shares. Based on an average daily volume of 8,355 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 8,355 shares, the days-to-cover ratio is presently 0.5 days.

American Shared Hospital Services Stock Performance

Shares of American Shared Hospital Services stock traded up $0.03 on Friday, hitting $2.11. 957 shares of the company traded hands, compared to its average volume of 5,122. American Shared Hospital Services has a 52 week low of $2.01 and a 52 week high of $3.11. The business has a 50-day simple moving average of $2.14 and a 200 day simple moving average of $2.23. The stock has a market capitalization of $13.80 million, a P/E ratio of -6.21 and a beta of 0.13.

Institutional Trading of American Shared Hospital Services

An institutional investor recently bought a new position in American Shared Hospital Services stock. DRW Securities LLC purchased a new position in American Shared Hospital Services (NYSEAMERICAN:AMS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned approximately 0.77% of American Shared Hospital Services at the end of the most recent quarter. Institutional investors and hedge funds own 23.16% of the company’s stock.

About American Shared Hospital Services

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.