Ashford Inc. (NYSEAMERICAN:AINC) Short Interest Update

Ashford Inc. (NYSEAMERICAN:AINCGet Free Report) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 20,100 shares, an increase of 9.8% from the May 31st total of 18,300 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average daily volume of 347,500 shares, the short-interest ratio is presently 0.1 days.

Ashford Stock Performance

Shares of AINC opened at $4.93 on Wednesday. The company has a market cap of $16.91 million, a PE ratio of -0.37 and a beta of 1.64. Ashford has a 1 year low of $1.91 and a 1 year high of $10.10.

Ashford (NYSEAMERICAN:AINCGet Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $1.88 earnings per share (EPS) for the quarter. The business had revenue of $209.13 million for the quarter. Ashford had a negative return on equity of 17.01% and a negative net margin of 0.60%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Ashford in a report on Wednesday, April 3rd. They issued a “buy” rating on the stock.

Read Our Latest Stock Analysis on AINC

About Ashford

(Get Free Report)

Ashford, Inc is an asset management firm. The firm provides investment management and related services to the real estate and hospitality sectors. Ashford, Inc was formed on April 2, 2014 and is based in Dallas, Texas. Ashford Inc(NYSEAM:AINC) operates independently of Ashford Hospitality Trust, Inc as of November 5, 2019.

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