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

American Realty Investors, Inc. (NYSE:ARL) was the recipient of a significant growth in short interest during 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. Based on an average daily volume of 10,400 shares, the short-interest ratio is currently 2.6 days. Approximately 1.8% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in American Realty Investors stock. Russell Investments Group Ltd. boosted its position in shares of American Realty Investors, Inc. (NYSE:ARL) by 210.4% during the 1st quarter, according to its most recent 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 about 0.35% of American Realty Investors worth $1,024,000 at the end of the most recent reporting period.

American Realty Investors Trading Down 1.8 %

Shares of NYSE:ARL traded down $0.31 on Wednesday, hitting $17.30. The company had a trading volume of 8,381 shares, compared to its average volume of 6,676. The firm’s 50-day simple moving average is $17.36 and its two-hundred day simple moving average is $15.94. The firm has a market capitalization of $279.40 million, a price-to-earnings ratio of 103.59 and a beta of 0.59. The company has a quick ratio of 25.18, a current ratio of 25.18 and a debt-to-equity ratio of 0.22. American Realty Investors has a 1 year low of $11.69 and a 1 year high of $25.96.

American Realty Investors (NYSE:ARL) last posted its earnings results on Thursday, August 8th. The financial services provider reported $0.07 earnings per share 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%.

Wall Street Analysts Forecast Growth

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

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.