Short Interest in American Strategic Investment Co. (NYSE:NYC) Declines By 65.1%

American Strategic Investment Co. (NYSE:NYC) saw a significant decline in short interest in January. As of January 30th, there was short interest totaling 2,301 shares, a decline of 65.1% from the January 15th total of 6,594 shares. Based on an average daily volume of 6,814 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 6,814 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of American Strategic Investment in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, American Strategic Investment presently has a consensus rating of “Sell”.

American Strategic Investment Price Performance

NYC opened at $9.09 on Wednesday. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 1.39. The stock has a market capitalization of $24.27 million, a P/E ratio of -1.04 and a beta of 0.24. The stock has a 50-day moving average price of $8.89 and a 200-day moving average price of $9.65. American Strategic Investment has a 12-month low of $7.03 and a 12-month high of $16.30.

American Strategic Investment (NYSE:NYC) last released its earnings results on Wednesday, November 19th. The company reported ($3.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.76) by ($1.47). American Strategic Investment had a negative return on equity of 97.07% and a negative net margin of 40.92%.The firm had revenue of $12.27 million during the quarter, compared to the consensus estimate of $14.26 million.

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.