American Shared Hospital Services (NYSEAMERICAN:AMS) Short Interest Up 5,482.1% in April

American Shared Hospital Services (NYSEAMERICAN:AMS – Get Free Report) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 107,791 shares, a growth of 5,482.1% from the April 15th total of 1,931 shares. Based on an average trading volume of 297,770 shares, the short-interest ratio is currently 0.4 days. Approximately 2.1% of the shares of the company are sold short.

Institutional Trading of American Shared Hospital Services

A hedge fund recently bought a new stake in American Shared Hospital Services stock. DRW Securities LLC purchased a new stake in American Shared Hospital Services (NYSEAMERICAN:AMS – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned approximately 0.77% of American Shared Hospital Services at the end of the most recent reporting period. Institutional investors and hedge funds own 23.16% of the company’s stock.

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American Shared Hospital Services Trading Down 6.9%

Shares of NYSEAMERICAN:AMS traded down $0.14 during midday trading on Monday, hitting $1.89. The stock had a trading volume of 410,649 shares, compared to its average volume of 108,047. American Shared Hospital Services has a 1 year low of $1.25 and a 1 year high of $3.11. The stock has a 50 day moving average price of $1.72 and a two-hundred day moving average price of $1.99. The company has a market capitalization of $12.53 million, a PE ratio of -8.22 and a beta of 0.33.

American Shared Hospital Services (NYSEAMERICAN:AMS – Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.11). American Shared Hospital Services had a negative return on equity of 5.43% and a negative net margin of 5.53%.The firm had revenue of $7.73 million for the quarter, compared to analysts’ expectations of $8.78 million. As a group, equities analysts expect that American Shared Hospital Services will post 0.03 EPS for the current year.

About American Shared Hospital Services

(Get Free Report)

American Shared Hospital Services operates as a specialized healthcare services company focused on delivering diagnostic imaging solutions to community and rural hospitals across the United States. Through strategic joint ventures and management agreements, the company collaborates with hospital partners to develop and operate outpatient imaging centers that provide advanced modalities while sharing the capital and operating costs. By partnering directly with hospitals, American Shared Hospital Services enables facility owners to offer in-house diagnostic capabilities without the burden of full operational oversight and significant equipment investment.

The company’s service portfolio encompasses a wide range of imaging technologies, including magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography/computed tomography (PET/CT), mammography, ultrasound, bone densitometry (DEXA) and nuclear medicine.

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