American Strategic Investment Co. (NYSE:NYC) Sees Significant Decline in Short Interest

American Strategic Investment Co. (NYSE:NYC) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 663 shares, a decrease of 71.2% from the January 29th total of 2,301 shares. Based on an average daily volume of 2,710 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,710 shares, the short-interest ratio is currently 0.2 days.

American Strategic Investment Price Performance

NYSE:NYC traded down $0.20 on Thursday, reaching $8.55. 6,046 shares of the company’s stock traded hands, compared to its average volume of 4,614. The stock has a 50-day simple moving average of $9.10 and a 200-day simple moving average of $9.33. American Strategic Investment has a 12 month low of $7.03 and a 12 month high of $16.30. The firm has a market cap of $22.83 million, a PE ratio of -0.97 and a beta of 0.24. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 1.39.

Wall Street Analysts Forecast Growth

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