American Realty Investors, Inc. (NYSE:ARL) Sees Large Decrease in Short Interest

American Realty Investors, Inc. (NYSE:ARL) was the recipient of 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 daily volume of 18,826 shares, the short-interest ratio is presently 2.0 days. Currently, 2.6% of the company’s shares are short sold.

Institutional Trading of American Realty Investors

An institutional investor recently raised its stake in American Realty Investors stock. Rhumbline Advisers lifted its stake in American Realty Investors, Inc. (NYSE:ARL) by 44.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,825 shares of the financial services provider’s stock after purchasing an additional 876 shares during the period. Rhumbline Advisers’ holdings in American Realty Investors were worth $31,000 at the end of the most recent quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of American Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

American Realty Investors Trading Down 2.9%

Shares of ARL stock traded down $0.44 on Wednesday, reaching $14.47. 13,463 shares of the company’s stock were exchanged, compared to its average volume of 16,254. American Realty Investors has a 52 week low of $12.42 and a 52 week high of $24.44. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $233.71 million, a PE ratio of 19.04 and a beta of 0.63. The company’s fifty day simple moving average is $16.76 and its 200 day simple moving average is $16.16.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings data on Thursday, May 7th. The financial services provider reported ($0.03) EPS for the quarter. American Realty Investors had a net margin of 24.21% and a return on equity of 0.10%. The business had revenue of $12.34 million during the quarter.

About American Realty Investors

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.