Short Interest in American Realty Investors, Inc. (NYSE:ARL) Declines By 5.3%

American Realty Investors, Inc. (NYSE:ARLGet Rating) saw a large decline in short interest during the month of December. As of December 30th, there was short interest totalling 12,600 shares, a decline of 5.3% from the December 15th total of 13,300 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.9% of the shares of the stock are short sold.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. StockNews.com assumed coverage on shares of American Realty Investors in a research note on Tuesday. They set a “sell” rating on the stock. TheStreet upgraded American Realty Investors from a “c” rating to a “b-” rating in a research report on Wednesday, November 30th.

Institutional Investors Weigh In On American Realty Investors

Institutional investors have recently modified their holdings of the company. Northern Trust Corp bought a new position in American Realty Investors during the second quarter worth $216,000. State Street Corp acquired a new position in shares of American Realty Investors in the 2nd quarter valued at about $245,000. Finally, Renaissance Technologies LLC boosted its position in shares of American Realty Investors by 17.1% during the 2nd quarter. Renaissance Technologies LLC now owns 25,399 shares of the financial services provider’s stock valued at $360,000 after purchasing an additional 3,700 shares in the last quarter. 1.05% of the stock is owned by institutional investors.

American Realty Investors Stock Performance

NYSE ARL opened at $23.25 on Wednesday. The company has a market capitalization of $375.53 million, a price-to-earnings ratio of 1.16 and a beta of 0.51. The company has a quick ratio of 4.78, a current ratio of 4.78 and a debt-to-equity ratio of 0.38. American Realty Investors has a twelve month low of $12.90 and a twelve month high of $27.75. The stock has a fifty day simple moving average of $22.39 and a 200 day simple moving average of $18.00.

American Realty Investors (NYSE:ARLGet Rating) last issued its quarterly earnings results on Thursday, November 10th. The financial services provider reported $18.72 earnings per share for the quarter. The company had revenue of $8.32 million during the quarter. American Realty Investors had a return on equity of 71.84% and a net margin of 983.63%.

American Realty Investors Company Profile

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American Realty Investors, Inc engages in the acquisition, financing, operation, and sale of real estate and real estate assets. Its projects include office buildings, golf course, and residential apartments. The company was founded in November 1999 and is headquartered in Dallas, TX.

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