Gyrodyne , LLC (NASDAQ:GYRO – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 424 shares, a drop of 58.3% from the September 30th total of 1,017 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,087 shares, the short-interest ratio is presently 0.2 days.
Gyrodyne Stock Performance
GYRO traded down $0.02 during trading on Friday, hitting $4.30. The stock had a trading volume of 1,586 shares, compared to its average volume of 1,932. The company has a 50 day moving average price of $4.82 and a 200-day moving average price of $6.69. Gyrodyne has a one year low of $4.09 and a one year high of $9.80.
Gyrodyne Company Profile
Gyrodyne, Inc (NASDAQ: GYRO) is a real estate company that owns, leases and manages commercial properties in the United States. Its portfolio has historically focused on medical office buildings as well as industrial and traditional office properties.
The company’s properties have primarily been located in New York, including sites on Long Island and in Westchester County, with additional historical operations in Florida. Gyrodyne has provided space for medical practices, professional services, office users and other commercial tenants.
Founded in 1946, Gyrodyne originally had ties to the aviation industry before transitioning into commercial real estate.
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