ACRES Commercial Realty Corp. (NYSE:ACR) Short Interest Update

ACRES Commercial Realty Corp. (NYSE:ACR) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 27,500 shares, an increase of 52.8% from the March 31st total of 18,000 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 30,900 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of ACRES Commercial Realty

A hedge fund recently bought a new stake in ACRES Commercial Realty stock. Sound View Wealth Advisors Group LLC purchased a new position in ACRES Commercial Realty Corp. (NYSE:ACR) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $83,000. Sound View Wealth Advisors Group LLC owned 0.12% of ACRES Commercial Realty at the end of the most recent quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

ACRES Commercial Realty Stock Up 0.1 %

NYSE:ACR traded up $0.01 on Monday, reaching $13.75. 5,213 shares of the stock traded hands, compared to its average volume of 29,458. The company has a market capitalization of $105.74 million, a price-to-earnings ratio of 39.26 and a beta of 1.99. The company has a current ratio of 84.01, a quick ratio of 84.01 and a debt-to-equity ratio of 3.76. ACRES Commercial Realty has a 12 month low of $6.62 and a 12 month high of $14.35. The company’s fifty day simple moving average is $12.51 and its 200 day simple moving average is $10.10.

ACRES Commercial Realty Company Profile

ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and equity investments in commercial real estate property in the United States. It invests in commercial real estate-related assets, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and commercial mortgage-backed securities.