Short Interest in American Strategic Investment Co. (NYSE:NYC) Declines By 51.7%

American Strategic Investment Co. (NYSE:NYC) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 2,800 shares, a decline of 51.7% from the December 31st total of 5,800 shares. Based on an average daily trading volume, of 4,600 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are sold short.

American Strategic Investment Price Performance

Shares of NYSE:NYC traded down $0.40 during midday trading on Thursday, hitting $9.60. The company had a trading volume of 2,396 shares, compared to its average volume of 5,341. The company has a market cap of $25.57 million, a price-to-earnings ratio of -0.11 and a beta of 0.12. American Strategic Investment has a 12-month low of $5.46 and a 12-month high of $10.91. The company has a fifty day moving average of $8.80 and a two-hundred day moving average of $8.86.

American Strategic Investment (NYSE:NYC) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($2.62) EPS for the quarter, hitting the consensus estimate of ($2.62). The firm had revenue of $15.45 million during the quarter, compared to analyst estimates of $15.71 million. American Strategic Investment had a negative return on equity of 17.68% and a negative net margin of 334.85%. During the same period in the prior year, the business posted ($0.48) EPS.

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.