Short Interest in American Strategic Investment Co. (NYSE:NYC) Rises By 197.2%

American Strategic Investment Co. (NYSE:NYC) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,614 shares, an increase of 197.2% from the March 15th total of 543 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,173 shares, the days-to-cover ratio is currently 1.4 days.

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, Based on data from MarketBeat, American Strategic Investment currently has a consensus rating of “Sell”.

American Strategic Investment Stock Performance

American Strategic Investment stock remained flat at $8.11 during midday trading on Friday. The company had a trading volume of 149 shares, compared to its average volume of 1,300. The firm has a market capitalization of $21.65 million, a P/E ratio of -0.92 and a beta of 0.26. The company’s 50-day moving average is $8.58 and its 200-day moving average is $8.80. American Strategic Investment has a 1 year low of $7.03 and a 1 year high of $16.30. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 1.39.

American Strategic Investment Company Profile

American Strategic Investment Co (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.