American Shared Hospital Services (NYSEAMERICAN:AMS) Short Interest Update

American Shared Hospital Services (NYSEAMERICAN:AMS) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 11,622 shares, a decrease of 75.1% from the August 15th total of 46,765 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 10,052 shares, the short-interest ratio is currently 1.2 days.

Insider Activity at American Shared Hospital Services

In related news, Chairman Raymond C. Stachowiak acquired 586,468 shares of the stock in a transaction dated Monday, June 22nd. The shares were acquired at an average price of $2.28 per share, with a total value of $1,337,147.04. Following the acquisition, the chairman owned 586,468 shares in the company, valued at approximately $1,337,147.04. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 25.80% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in American Shared Hospital Services stock. DRW Securities LLC purchased a new stake in American Shared Hospital Services (NYSEAMERICAN:AMS) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned about 0.77% of American Shared Hospital Services as of its most recent filing with the Securities & Exchange Commission. 23.16% of the stock is owned by hedge funds and other institutional investors.

American Shared Hospital Services Trading Up 0.3%

American Shared Hospital Services stock traded up $0.00 during trading hours on Friday, reaching $1.47. 6,873 shares of the company were exchanged, compared to its average volume of 10,920. American Shared Hospital Services has a 12 month low of $1.25 and a 12 month high of $3.11. The stock has a 50-day moving average of $1.48 and a 200 day moving average of $1.57. The firm has a market cap of $9.81 million, a price-to-earnings ratio of -5.90 and a beta of 0.30.

American Shared Hospital Services (NYSEAMERICAN:AMS) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.05). The firm had revenue of $8.43 million during the quarter, compared to analyst estimates of $7.56 million. American Shared Hospital Services had a negative return on equity of 6.52% and a negative net margin of 5.83%. As a group, research analysts forecast that American Shared Hospital Services will post -0.05 EPS for the current year.

American Shared Hospital Services Company Profile

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.