American Strategic Investment Co. (NYSE:NYC) Short Interest Update

American Strategic Investment Co. (NYSE:NYC) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 6,594 shares, an increase of 187.2% from the December 31st total of 2,296 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 5,971 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily trading volume, of 5,971 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the company’s stock are short sold.

American Strategic Investment Stock Down 1.1%

NYC stock opened at $11.26 on Friday. The firm has a market cap of $30.08 million, a price-to-earnings ratio of -1.28 and a beta of 0.19. American Strategic Investment has a 1-year low of $7.03 and a 1-year high of $16.30. The firm has a fifty day moving average price of $8.66 and a two-hundred day moving average price of $9.94. 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 results on Wednesday, November 19th. The company reported ($3.23) EPS for the quarter, missing the consensus estimate of ($1.76) by ($1.47). The business had revenue of $12.27 million during 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%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of American Strategic Investment in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, American Strategic Investment currently has an average rating of “Sell”.

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.