American Realty Investors, Inc. (NYSE:ARL) Short Interest Up 9.0% in August

American Realty Investors, Inc. (NYSE:ARL) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 26,700 shares, an increase of 9.0% from the August 15th total of 24,500 shares. Approximately 1.8% of the company’s stock are sold short. Based on an average daily volume of 10,400 shares, the short-interest ratio is presently 2.6 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on American Realty Investors in a research note on Thursday, August 15th. They set a “hold” rating on the stock.

American Realty Investors Stock Down 1.8 %

NYSE ARL traded down $0.31 during mid-day trading on Wednesday, hitting $17.30. The company’s stock had a trading volume of 8,381 shares, compared to its average volume of 6,676. The company has a current ratio of 25.18, a quick ratio of 25.18 and a debt-to-equity ratio of 0.22. The company’s 50 day simple moving average is $17.36 and its 200 day simple moving average is $15.94. American Realty Investors has a twelve month low of $11.69 and a twelve month high of $25.96. The firm has a market capitalization of $279.40 million, a price-to-earnings ratio of 103.59 and a beta of 0.59.

American Realty Investors (NYSE:ARL) last posted its earnings results on Thursday, August 8th. The financial services provider reported $0.07 EPS for the quarter. American Realty Investors had a net margin of 7.53% and a return on equity of 0.46%. The company had revenue of $11.77 million during the quarter.

Institutional Trading of American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Russell Investments Group Ltd. increased its position in shares of American Realty Investors, Inc. (NYSE:ARL) by 210.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 57,115 shares of the financial services provider’s stock after purchasing an additional 38,716 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.35% of American Realty Investors worth $1,024,000 as of its most recent SEC filing.

American Realty Investors Company Profile

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.