American Realty Investors, Inc. (NYSE:ARL) Short Interest Update

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

Analyst Ratings Changes

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

American Realty Investors Price Performance

Shares of ARL traded down $0.31 during trading hours on Wednesday, reaching $17.30. The stock had a trading volume of 8,381 shares, compared to its average volume of 6,676. The company has a debt-to-equity ratio of 0.22, a quick ratio of 25.18 and a current ratio of 25.18. The stock has a market capitalization of $279.40 million, a PE ratio of 103.59 and a beta of 0.59. American Realty Investors has a 12 month low of $11.69 and a 12 month high of $25.96. The company’s 50-day moving average is $17.36 and its two-hundred day moving average is $15.94.

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

Institutional Investors Weigh In On American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. BNP Paribas Financial Markets raised its stake in American Realty Investors, Inc. (NYSE:ARL) by 425.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,448 shares of the financial services provider’s stock after purchasing an additional 2,792 shares during the quarter. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $62,000 as of its most recent filing with the Securities & Exchange Commission.

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.