American Realty Investors, Inc. (NYSE:ARL – Get Free Report) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 38,376 shares, a decline of 49.7% from the June 30th total of 76,317 shares. Based on an average trading volume of 18,826 shares, the days-to-cover ratio is currently 2.0 days. Approximately 2.6% of the shares of the company are short sold.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings cut shares of American Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.
View Our Latest Stock Report on American Realty Investors
American Realty Investors Price Performance
American Realty Investors (NYSE:ARL – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter. American Realty Investors had a net margin of 24.21% and a return on equity of 0.10%. The firm had revenue of $12.34 million for the quarter.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in American Realty Investors stock. Rhumbline Advisers raised its holdings in American Realty Investors, Inc. (NYSE:ARL – Free Report) by 44.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,825 shares of the financial services provider’s stock after acquiring an additional 876 shares during the quarter. Rhumbline Advisers’ holdings in American Realty Investors were worth $31,000 as of its most recent filing with the Securities and Exchange Commission.
American Realty Investors Company Profile
American Realty Investors, Inc, together with its subsidiaries, acquires, develops, owns, and manages multifamily and commercial real estate properties in the Southern United States. It operates through two segments, Residential and Commercial. The company leases apartment units to residents; and office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies. It also offers tenant services, including parking and storage space rental; and sells land and properties.
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