Short Interest in American Strategic Investment Co. (NYSE:NYC) Decreases By 65.1%

American Strategic Investment Co. (NYSE:NYC) saw a significant decline in short interest in January. As of January 30th, there was short interest totaling 2,301 shares, a decline of 65.1% from the January 15th total of 6,594 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 6,814 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 6,814 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

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

American Strategic Investment Price Performance

American Strategic Investment stock traded down $0.53 during mid-day trading on Friday, hitting $8.27. 1,691 shares of the company were exchanged, compared to its average volume of 4,678. American Strategic Investment has a 12-month low of $7.03 and a 12-month high of $16.30. The company has a market capitalization of $22.08 million, a P/E ratio of -0.94 and a beta of 0.24. The business’s 50 day simple moving average is $8.96 and its two-hundred day simple moving average is $9.60. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.04 and a quick ratio of 0.04.

American Strategic Investment (NYSE:NYC) last posted its quarterly earnings data on Wednesday, November 19th. The company reported ($3.23) EPS for the quarter, missing analysts’ consensus estimates of ($1.76) by ($1.47). The company had revenue of $12.27 million for the quarter, compared to analyst estimates of $14.26 million. American Strategic Investment had a negative net margin of 40.92% and a negative return on equity of 97.07%.

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.