American Realty Investors, Inc. (NYSE:ARL) Sees Significant Drop in Short Interest

by · The Cerbat Gem

American Realty Investors, Inc. (NYSE:ARL – Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 19,300 shares, a decrease of 19.9% from the March 15th total of 24,100 shares. Based on an average daily volume of 6,700 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.3% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of American Realty Investors in a research report on Sunday, April 13th. They set a “hold” rating on the stock.

View Our Latest Report on ARL

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Barclays PLC boosted its stake in shares of American Realty Investors by 257.0% in the 3rd quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 1,416 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of American Realty Investors by 112.0% during the third quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock worth $49,000 after buying an additional 1,478 shares in the last quarter. PFG Investments LLC bought a new position in shares of American Realty Investors in the 4th quarter valued at $396,000. Geode Capital Management LLC grew its position in 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 worth $508,000 after acquiring an additional 2,028 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in American Realty Investors by 20.4% in the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after purchasing an additional 4,180 shares in the last quarter.

American Realty Investors Stock Up 2.2 %

Shares of American Realty Investors stock traded up $0.25 on Friday, reaching $11.54. 1,366 shares of the company were exchanged, compared to its average volume of 8,299. The company has a market capitalization of $186.38 million, a price-to-earnings ratio of -11.20 and a beta of 0.48. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23. American Realty Investors has a one year low of $9.43 and a one year high of $22.77. The company has a 50-day moving average of $12.81 and a 200 day moving average of $14.33.

American Realty Investors (NYSE:ARL – Get Free Report) last announced its quarterly earnings data on Thursday, March 20th. The financial services provider reported ($0.01) EPS for the quarter. The firm had revenue of $12.04 million during the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%.

About American Realty Investors

(Get Free Report)

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.

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