American Shared Hospital Services (NYSEAMERICAN:AMS) Short Interest Update

American Shared Hospital Services (NYSEAMERICAN:AMS) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 5,800 shares, a growth of 26.1% from the May 31st total of 4,600 shares. Based on an average daily volume of 14,400 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On American Shared Hospital Services

A hedge fund recently bought a new stake in American Shared Hospital Services stock. Empowered Funds LLC bought a new position in American Shared Hospital Services (NYSEAMERICAN:AMS) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,468 shares of the company’s stock, valued at approximately $31,000. Empowered Funds LLC owned about 0.17% of American Shared Hospital Services at the end of the most recent reporting period. 23.16% of the stock is currently owned by institutional investors.

American Shared Hospital Services Stock Up 0.3 %

NYSEAMERICAN:AMS opened at $3.21 on Tuesday. The stock has a market cap of $20.29 million, a price-to-earnings ratio of 40.07 and a beta of 0.70. American Shared Hospital Services has a fifty-two week low of $2.16 and a fifty-two week high of $3.69. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.98 and a current ratio of 1.98.

American Shared Hospital Services (NYSEAMERICAN:AMS) last announced its quarterly earnings data on Tuesday, May 14th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The company had revenue of $5.22 million for the quarter, compared to analysts’ expectations of $5.01 million. American Shared Hospital Services had a net margin of 2.50% and a return on equity of 4.29%. As a group, research analysts expect that American Shared Hospital Services will post 0.29 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on American Shared Hospital Services in a report on Sunday. They set a “hold” rating on the stock.

About American Shared Hospital Services

American Shared Hospital Services provides stereotactic radiosurgery and advanced radiation therapy equipment. It operates in two segments, Medical Equipment Leasing, and Retail. The company offers radiosurgery equipment for the Gamma Knife stereotactic radiosurgery, a non-invasive procedure to treat malignant and benign brain tumors, and arteriovenous malformations, as well as for trigeminal neuralgia.