Short Interest in Gyrodyne, LLC (NASDAQ:GYRO) Drops By 50.0%

Gyrodyne, LLC (NASDAQ:GYRO) was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 200 shares, a decrease of 50.0% from the January 15th total of 400 shares. Based on an average trading volume of 800 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of Gyrodyne

A hedge fund recently raised its stake in Gyrodyne stock. Round Hill Asset Management lifted its position in shares of Gyrodyne, LLC (NASDAQ:GYRO) by 17.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 19,715 shares of the real estate investment trust’s stock after acquiring an additional 2,924 shares during the period. Round Hill Asset Management owned 0.90% of Gyrodyne worth $153,000 as of its most recent filing with the SEC. 71.36% of the stock is currently owned by institutional investors and hedge funds.

Gyrodyne Price Performance

Shares of NASDAQ:GYRO opened at $9.12 on Friday. Gyrodyne has a 1-year low of $7.65 and a 1-year high of $11.96. The company’s fifty day moving average is $9.24 and its two-hundred day moving average is $8.95. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.78 and a quick ratio of 1.78.

About Gyrodyne

Gyrodyne, LLC owns and manages a diversified portfolio of real estate properties comprising office, industrial and service-oriented properties in the New York metropolitan area. Gyrodyne owns a 63 acre site approximately 50 miles east of New York City on the north shore of Long Island, which includes industrial and office buildings and undeveloped property which is the subject of plans to seek value-enhancing entitlements.