American Realty Investors, Inc. (NYSE:ARL) Short Interest Up 17.6% in February

American Realty Investors, Inc. (NYSE:ARL) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 25,400 shares, an increase of 17.6% from the February 13th total of 21,600 shares. Currently, 1.7% of the shares of the stock are sold short. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is currently 5.0 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on American Realty Investors in a research note on Thursday. They issued a “hold” rating on the stock.

American Realty Investors Price Performance

ARL traded up $0.54 during trading on Thursday, reaching $14.02. The stock had a trading volume of 1,562 shares, compared to its average volume of 7,668. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52. American Realty Investors has a one year low of $12.51 and a one year high of $22.77. The stock has a market cap of $226.47 million, a PE ratio of -13.61 and a beta of 0.56. The business has a 50-day moving average of $14.33 and a 200-day moving average of $15.28.

Institutional Investors Weigh In On American Realty Investors

A number of hedge funds have recently modified their holdings of the business. Northern Trust Corp grew its position in shares of American Realty Investors by 20.4% during the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock valued at $362,000 after acquiring an additional 4,180 shares during the period. Geode Capital Management LLC grew its position in shares of American Realty Investors by 6.2% during the 4th quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider’s stock valued at $508,000 after acquiring an additional 2,028 shares during the period. JPMorgan Chase & Co. grew its position in shares of American Realty Investors by 100.3% during the 4th quarter. JPMorgan Chase & Co. now owns 5,603 shares of the financial services provider’s stock valued at $82,000 after acquiring an additional 2,805 shares during the period. PFG Investments LLC bought a new stake in shares of American Realty Investors during the 4th quarter valued at $396,000. Finally, Barclays PLC grew its position in shares of American Realty Investors by 257.0% during the 3rd quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 1,416 shares during the period.

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.