American Shared Hospital Services (NYSEAMERICAN:AMS) Short Interest Down 77.2% in March

American Shared Hospital Services (NYSEAMERICAN:AMS) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 866 shares, a decrease of 77.2% from the February 26th total of 3,806 shares. Based on an average trading volume of 2,222 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

American Shared Hospital Services Stock Performance

Shares of American Shared Hospital Services stock traded down $0.07 during trading on Friday, reaching $1.81. The company’s stock had a trading volume of 9,485 shares, compared to its average volume of 4,343. American Shared Hospital Services has a one year low of $1.79 and a one year high of $3.11. The firm has a market cap of $11.87 million, a price-to-earnings ratio of -5.34 and a beta of 0.13. The business’s fifty day moving average price is $2.10 and its 200-day moving average price is $2.20.

Institutional Investors Weigh In On American Shared Hospital Services

A hedge fund recently bought a new stake in American Shared Hospital Services stock. DRW Securities LLC acquired a new position in American Shared Hospital Services (NYSEAMERICAN:AMS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned 0.77% of American Shared Hospital Services at the end of the most recent quarter. Institutional investors 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.